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

Implied ±6.2%, either direction.

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

4 of the last 7 reports moved at least as far as the implied move.

ENRNYSEMiscellaneous Electrical Machinery, Equipment & Supplies

Energizer Holdings, Inc. (ENR) earnings date, market-implied expected move, and options open interest by expiry

25.17

+1.10 · +4.57%

post 25.00 −0.68%

Closed16:25 ET

Open24.44Volume1.2MMkt cap$1.6BP/E45.16Div yield4.99%

Day24.44 – 25.7642%52-wk15.49 – 24.50100%

ENR

Energizer Holdings, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±6.2%implied · report alone

8Q avg ±9.4%·×0.66·cheap

23.6326.75

straddle ±8.7%

spot 25.19exp Nov 20ATM strike 25ATM straddle 2.57IV 61%

Nov 4 closereport share · term structure

Expected move

Inputs

Next report

Nov 17

before open · in 13 days

confirmedQ4 FY26

Calendar

Next report

Last report

+2.18%

shaded = implied · ▲▼ = realized

Aug 4 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

−0.66%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

284 managers

Top fund weight

0.04%

ENR weight · IWM

N-PORTJun 30 '26

4 funds

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

Energizer (ENR) reports on Nov 17 before open (confirmed date).

Implied vs realized

8 reports

4 of 7≥ implied

avg implied: ±8.4%
avg realized: ±10.4%

Nov 19 '24Nov 19 '24confirmed±7.1%▲+9.08%×1.29

Feb 4 '25Feb 4 '25confirmed±6.7%▼−3.27%×0.49

May 6 '25May 6 '25confirmed±7.4%▼−7.77%×1.04

Aug 4 '25Aug 4 '25confirmed±8.3%▲+26.69%×3.20

Nov 18 '25Nov 18 '25confirmed±8.4%▼−18.49%×2.21

Feb 5 '26Feb 5 '26confirmed±10.2%▼−0.09%×0.01

Q2 FY26May 5 '26confirmed±10.6%▼−7.70%×0.72

Q3 FY26Aug 4 '26confirmed—▲+2.18%—

quarterimplied−30%0+30%realized×

Q3 FY26—▲+2.18%—

Q2 FY26±10.6%−7.70%

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

Implied vs realized

Positioning

OI · 3 expiries · Oct 28 close

0.22OI · 3 expiries · Oct 28 closeP/C open interest · Nov 20 · first expiry after the report

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

1,195+1%Nov 2016d5,4540%

907−1%Dec 1844d0.382,3990%0.38

2660%Feb 19107d0.416490%0.41

ExpiryPutsCallsP/C

Nov 2016d1,195+1%5,4540%0.22

Dec 1844d907−1%2,3990%0.38

Feb 19107d2660%6490%0.41

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

Positioning

Linked exposure

scenario · straddle±8.7%

Funds 4

IWM±0.0%

UWM±0.0%

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

5.44%as filednet margin · revenue +14.11% QoQ · +1.21% YoY

Revenue

$734M+14.11% QoQ

Gross profit

$281M+8.42% QoQ

38.22% margin

Operating income

$90M+3.58% QoQ

12.22% margin

Pre-tax income

$50M+129.49% QoQ

Net income

$40M+295.05% QoQ

5.44% margin

Cost of revenue

$454M+17.95% QoQ

Operating expenses

$191M+10.86% QoQ

SG&A $129M

Marketing $42M

R&D $7M

Other operating $13M

Other expense

$40M

Tax

$10M−14.66% QoQ

Revenue$734M+14.11%

Gross profit

$281M+8.42%

38.22% margin

Operating income

$90M+3.58%

12.22% margin

Pre-tax income

$50M+129.49%

Net income

$40M+295.05%

5.44% margin

Cost of revenue

$454M+17.95%

Operating expenses

$191M+10.86%

SG&A $129M

Marketing $42M

R&D $7M

Other expense

$40M

Tax$10M−14.66%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:15 ET

Intraday

Event sensitivity

NFP ×1.56· ±2.5% vs ±1.6% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.5%9 of 10×1.56

FOMCrate decision±2.2%10 of 24×1.36

PPIproducer prices±1.8%5 of 10×1.12

GDPgross domestic product±1.6%10 of 19×1.01

CPROFcorporate profits±1.5%7 of 12×0.92

CPIconsumer prices±1.3%6 of 10×0.84

PCEpersonal income & outlays±1.0%10 of 19×0.63

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

Earnings history

EPS — · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Aug 4 '26 · confirmed	—	—
Q2 FY26	May 5 '26 · confirmed	—	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod