What move does the options market price into Chord Energy's report?

Implied ±16.0%, either direction · provisional.

CHRDNasdaqCrude Petroleum & Natural Gas

Chord Energy Corp (CHRD) earnings date, market-implied expected move, and options open interest by expiry

136.46

+4.01 · +3.03%

post 136.46 0.00%

After hours16:00 ETdelayed

Open132.52Volume1.7MMkt cap$7.0BP/E8.52EPS16.02Div yield3.93%

Day132.12 – 137.0189%52-wk80.76 – 159.9670%

CHRD

Chord Energy Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±16.0%implied · straddle

114.44157.96

spot 136.20exp Mar 19ATM strike 135ATM straddle 25.60IV 40%

Nov 6 closeprovisional

Expected move

Inputs

Next report

Feb 24

after close · in 110 days

est.Q4 FY26

Calendar

Next report

Last report

+0.09%

vs ±6.7% implied · ×0.01

shaded = implied · ▲▼ = realized

Nov 4 '26 · confirmed

Implied vs realized

Largest filed tie

12.00%

of CHRD revenue · Marathon Petroleum Supply & Trading

customerCHRD 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

−2.73%

shares held · 10 largest managers

13F · Jun 30 '26129d lag

515 managers

Top fund weight

0.18%

CHRD weight · MDY

N-PORTJun 30 '26

4 funds

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

Chord Energy (CHRD) is expected to report on Feb 24 after close (estimated date).

Implied vs realized

3 reports

—≥ implied

Q2 FY26Aug 5 '26confirmed±6.9%▲+1.96%×0.28

Oct 19 '26Oct 19 '26confirmed±8.3%▼−1.46%×0.18

Nov 4 '26Nov 4 '26confirmed±6.7%▲+0.09%×0.01

quarterimplied−10%0+10%realized×

Nov '26±6.7%▲+0.09%×0.01

Oct '26±8.3%

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

16.12OI · 4 expiries · Oct 30 closeP/C open interest · Mar 19 · first expiry after the report

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

2560%Nov 2014d0.231,116−1%0.23

9930%Dec 1842d0.801,248+1%0.80

351+3%Jan 1570d0.42837+1%0.42

report · Feb 24 · after close · est.

4,6270%Mar 19133d287+2%

ExpiryPutsCallsP/C

Nov 2014d2560%1,116−1%0.23

Dec 1842d9930%1,248+1%0.80

Jan 1570d351+3%837+1%0.42

report · Feb 24 · after close · est.

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

Positioning

Linked exposure

scenario · straddle±16.0%

Funds 4

MDY±0.0%

REVS±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

10.64%as filednet margin · revenue −21.48% QoQ · +30.01% YoY

Revenue

$1.7B−21.48% QoQ

Gross profit

$1.3B−7.66% QoQ

77.85% margin

Operating income

$505M−16.21% QoQ

29.60% margin

Pre-tax income

$246M−64.26% QoQ

Net income

$182M−65.43% QoQ

10.64% margin

Cost of revenue

$378M−48.56% QoQ

Operating expenses

$823M−1.49% QoQ

Depreciation $391M

Other operating $282M

Marketing $116M

Other operating $34M

Other expense

$259M

Tax

$64M−60.46% QoQ

Revenue$1.7B−21.48%

Gross profit

$1.3B−7.66%

77.85% margin

Operating income

$505M−16.21%

29.60% margin

Pre-tax income

$246M−64.26%

Net income

$182M−65.43%

10.64% margin

Cost of revenue

$378M−48.56%

Operating expenses

$823M−1.49%

Depreciation $391M

Other operating $282M

Marketing $116M

Other expense

$259M

Tax$64M−60.46%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 6 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

CPI ×1.28· ±2.1% vs ±1.6% · 10 releases

eventrelease day|move|up · n×base

CPIconsumer prices±2.1%7 of 10×1.28

PPIproducer prices±2.0%7 of 10×1.26

NFPjobs report±2.0%4 of 10×1.21

FOMCrate decision±1.8%14 of 24×1.11

GDPgross domestic product±0.9%8 of 19×0.55

PCEpersonal income & outlays±0.9%8 of 19×0.53

CPROFcorporate profits±0.8%4 of 12×0.49

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 3.29 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	—	3.29	—
Q2 FY26	Aug 5 '26 · confirmed	9.28	—
Q1 FY26	—	1.90	—
Q3 FY25	—	2.26

Methodology

ties · implied moves · holdersMethod