Dropbox, Inc. · Brief

Next report

5 days

Nov 5 · after closeest.Q3 FY26

Expected move

±5.2%implied · report alone

34.3638.14

straddle ±7.0%

spot 36.25exp Nov 6ATM strike 36.5ATM straddle 3.00IV 74%

Oct 30 closereport share · term structurethin chain

Expected move

—≥ implied

Q2 FY26±7.9%▲+0.78%×0.10

quarterimplied−10%0+10%realized×

Q2 FY26±7.9%▲+0.78%×0.10

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

Nov 5 report · est.

Bull2 of 3

451managers reporting a position in the latest quarterly filings13F · Jun 30 '26

4tracked funds holding DBXN-PORT · Jul 31 '26

Bear1

15 of 25of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

AI captions · Oct 26 '26once per report · top 2 per case

DBX report session

No linked exposure.

Oct 22impliedImplied move: ±7.4% into Nov 5 earnings (Oct 22 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.