How often does Cerus move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

CERSNasdaqSurgical & Medical Instruments & Apparatus

Cerus Corp (CERS) earnings date, market-implied expected move, and options open interest by expiry

2.49

+0.15 · +6.29%

Regular session14:50 ET

Open2.32Volume3.5MMkt cap$472.6MEPS-0.03

Day2.32 – 2.5188%52-wk1.38 – 3.4753%

CERS

Cerus Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Jan 11

before open · in 68 days

est.Q4 FY26

Calendar

Next report

Last report

−0.85%

vs ±26.1% implied · ×0.03

shaded = implied · ▲▼ = realized

Nov 2 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

13F top-10 QoQ

−0.37%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

183 managers

Top fund weight

0.32%

CERS weight · ARKK

N-PORTJul 31 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Cerus (CERS) is expected to report on Jan 11 before open (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±26.4%
avg realized: ±14.0%

May 1 '25May 1 '25confirmed±28.3%▲+3.85%×0.14

Aug 5 '25Aug 5 '25confirmed±23.8%▲+0.78%×0.03

Nov 6 '25Nov 6 '25confirmed±37.2%▲+21.28%×0.57

Jan 12 '26Jan 12 '26confirmed±34.6%▲+10.19%×0.29

Q1 FY26Mar 2 '26confirmed±22.1%▼−15.81%×0.72

Apr 30 '26Apr 30 '26confirmed±19.3%▲+33.99%×1.76

Q2 FY26Jul 30 '26confirmed±19.7%▼−25.61%×1.30

Q3 FY26Nov 2 '26confirmed±26.1%▼−0.85%×0.03

quarterimplied−40%0+40%realized×

Q3 FY26±26.1%▼−0.85%×0.03

Q2 FY26±19.7%▼−25.61%×1.30

Apr '26±19.3%▲+33.99%×1.76

Q1 FY26±22.1%▼−15.81%×0.72

Jan '26±34.6%▲+10.19%×0.29

Nov '25±37.2%▲+21.28%×0.57

2 older reports

Aug '25±23.8%▲+0.78%×0.03

May '25±28.3%▲+3.85%×0.14

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Nov 3 close

0.15OI · 3 expiries · Nov 3 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

18+6%Nov 2016d0.011,502+81%0.01

5440%Dec 1844d0.192,841+21%0.19

report · Jan 11 · before open · est.

1640%Feb 19107d1,1140%

ExpiryPutsCallsP/C

Nov 2016d18+6%1,502+81%0.01

Dec 1844d5440%2,841+21%0.19

report · Jan 11 · before open · est.

Feb 19107d1640%1,1140%0.15

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

−1.00%as filednet margin · revenue +0.48% QoQ · −4.19% YoY

Revenue$58M+0.48%

Gross profit$30M52.44%+2.48%

Operating income$383,0000.66%+120.61%

Pre-tax income−$514,000+82.20%

Net income−$580,000−1.00%+80.55%

Cost of revenue$27M−1.65%

Operating expenses$30M−4.80%

Tax$66,000−30.53%

Other expense−$897,000+12.83%

Source: SEC filings · standardized · QE Sep 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 14:45 ET

Intraday

Event sensitivity

FOMC ×1.15· ±3.8% vs ±3.3% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.8%9 of 24×1.15

PCEpersonal income & outlays±3.3%9 of 19×0.98

NFPjobs report±3.0%4 of 10×0.89

PPIproducer prices±2.9%7 of 10×0.87

GDPgross domestic product±2.8%9 of 19×0.85

CPIconsumer prices±2.8%6 of 10×0.83

CPROFcorporate profits±2.6%6 of 12×0.79

Bar = avg |move| to ±4% · tick = ±3.3% avg day · ×base = |move| ÷ ±3.3% · min 6 releases

Earnings history

EPS 0.00 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Nov 2 '26 · confirmed	0.00	—
Q2 FY26	Jul 30 '26 · confirmed	-0.01	—
Q1 FY26	Mar 2 '26 · confirmed	-0.01	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod