Cingulate Inc. · Brief

Next report

12 days

Nov 12 · before openest.Q3 FY26

Expected move

±17.5%implied · straddle

4.115.85

spot 4.98exp Nov 20ATM strike 5ATM straddle 1.03IV 108%

Oct 30 close

Expected move

—≥ implied

Q2 FY26±9.2%▼−4.22%×0.46

quarterimplied−10%0+10%realized×

Q2 FY26±9.2%▼−4.22%×0.46

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

Nov 12 report · est.

Bull2 of 3

34managers reporting a position in the latest quarterly filings13F · Jun 30 '26

2 of 20of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

Bear1

9managers whose positions together make up four fifths of the reported value13F · Jun 30 '26

AI captions · Sep 16 '26once per report · top 2 per case

CING report session

No linked exposure.

Oct 29impliedImplied move: ±18.4% into Nov 12 earnings (Oct 29 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.