Duolingo, Inc. · Brief

Next report

4 days

Nov 4 · after closeest.Q3 FY26

Expected move

±9.1%implied · report alone

119.66143.52

straddle ±11.3%

spot 131.59exp Nov 6ATM strike 132ATM straddle 17.45IV 120%

Oct 30 closereport share · term structure

Expected move

—≥ implied

Q2 FY26±13.6%▼−9.41%×0.69

quarterimplied−15%0+15%realized×

Q2 FY26±13.6%▼−9.41%×0.69

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

Nov 4 report · est.

Bull1

436managers reporting a position in the latest quarterly filings13F · Jun 30 '26

Bear2

62.00%share of revenue from the largest disclosed customer Apple App StoreSEC filings

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

AI captions · Sep 28 '26once per report · top 2 per case

DUOL report session

No linked exposure.

Oct 21impliedImplied move: ±13.8% into Nov 4 earnings (Oct 21 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.