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

Implied ±6.7%, either direction.

ESTCNYSEServices-Prepackaged Software

Elastic N.V. (ESTC) earnings date, market-implied expected move, and options open interest by expiry

97.22

−6.08 · −5.88%

post 97.00 −0.23%

Closed16:29 ET

Open101.23Volume1.5MMkt cap$10.2BP/E27.25EPS3.56

Day96.26 – 102.2712%52-wk42.05 – 108.0083%

ESTC

Elastic N.V.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±6.7%implied · report alone

90.77103.79

straddle ±11.9%

spot 97.28exp Nov 20ATM strike 95ATM straddle 13.65IV 73%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 19

after close · in 20 days

est.Q2 FY27

Calendar

Next report

Last report

+19.31%

vs ±17.1% implied · ×1.13

shaded = implied · ▲▼ = realized

Aug 27 '26 · confirmed

Implied vs realized

Linked news

6hMSFT · supplierMicrosoft is winning the cloud wars and becoming Wall Street’s new golden child
8hGOOGL · supplierGoogle lost nearly half a trillion this week. Here's how Mike Khouw is trading it
10hAMZN · supplierAmazon falls 2%, Intel dives 29%, as tech stocks sell off in post-earnings rout

News

Largest filed tie

13F top-10 QoQ

−1.63%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

377 managers

Top fund weight

0.10%

ESTC weight · IGPT

N-PORTJul 31 '26

4 funds

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

Elastic (ESTC) is expected to report on Nov 19 after close (estimated date).

Implied vs realized

1 report

—≥ implied

Q1 FY27Aug 27 '26confirmed±17.1%▲+19.31%×1.13

quarterimplied−20%0+20%realized×

Q1 FY27±17.1%▲+19.31%×1.13

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 26 close

0.16OI · 4 expiries · Oct 26 closeP/C open interest · Nov 20 · first expiry after the report

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

2,391+1%Nov 2021d14,551+1%

1,988+1%Dec 1849d0.326,292+18%0.32

2,013+1%Jan 1577d0.464,342+2%0.46

7230%Feb 19112d0.81897+1%0.81

ExpiryPutsCallsP/C

Nov 2021d2,391+1%14,551+1%0.16

Dec 1849d1,988+1%6,292+18%0.32

Jan 1577d2,013+1%4,342+2%0.46

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

Positioning

Linked exposure

scenario · straddle±11.9%

Funds 4

IGPT±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 filedQ1 FY27

−3.50%as filednet margin · revenue +6.09% QoQ · +15.13% YoY

Revenue$478M+6.09%

Gross profit$356M74.50%+4.88%

Operating income−$24M−4.93%−43.65%

Pre-tax income−$17M−76.73%

Net income−$17M−3.50%−103.84%

Cost of revenue$122M+9.78%

Operating expenses$380M+6.67%

Tax−$529,000+99.88%

Other income$6M−4.97%

Source: SEC filings · standardized · QE Jul 31 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:15 ET

Intraday

Event sensitivity

PPI ×1.90· ±4.3% vs ±2.3% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±4.3%3 of 11×1.90

PCEpersonal income & outlays±4.0%9 of 19×1.74

CPROFcorporate profits±3.8%5 of 12×1.68

GDPgross domestic product±2.8%6 of 19×1.23

NFPjobs report±2.6%6 of 10×1.15

FOMCrate decision±1.8%12 of 24×0.80

CPIconsumer prices±1.5%4 of 11×0.67

Bar = avg |move| to ±5% · tick = ±2.3% avg day · ×base = |move| ÷ ±2.3% · min 6 releases

Earnings history

EPS -0.16 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	Aug 27 '26 · confirmed	-0.16	—
Q4 FY26	—	4.07	—
Q3 FY26	—	0.07	—
Q2 FY26	—	-0.48

Methodology

ties · implied moves · holdersMethod