How often does Eton Pharmaceuticals move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

ETONNasdaqPharmaceutical Preparations

Eton Pharmaceuticals, Inc. (ETON) earnings date, market-implied expected move, and options open interest by expiry

47.33

−3.39 · −6.67%

post 56.12 +18.56%

Closed19:58 ET

Open50.14Volume375,316Mkt cap$1.4BP/E119.40EPS0.47

Day47.34 – 59.0075%52-wk14.27 – 66.3780%

ETON

Eton Pharmaceuticals, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Mar 18

after close · in 132 days

est.Q4 FY26

Calendar

Next report

Last report

Nov 5

after close

confirmedQ3 FY26Nov 4 close

Implied vs realized

Largest filed tie

84.60%

of ETON revenue · AnovoRx

customerETON 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+6.64%

shares held · 10 largest managers

13F · Jun 30 '26129d lag

164 managers

Top fund weight

0.03%

ETON weight · IWM

N-PORTJun 30 '26

3 funds

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

Eton Pharmaceuticals (ETON) is expected to report on Mar 18 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±12.9%
avg realized: ±12.1%

Nov 12 '24Nov 12 '24confirmed±14.2%▲+15.59%×1.10

Mar 18 '25Mar 18 '25confirmed±11.7%▼−3.99%×0.34

May 13 '25May 13 '25confirmed±14.0%▲+0.29%×0.02

Aug 7 '25Aug 7 '25confirmed±17.1%▲+12.32%×0.72

Q3 FY25Nov 6 '25confirmed±18.1%▼−11.70%×0.64

Q1 FY26Mar 19 '26confirmed±10.6%▲+7.46%×0.70

May 14 '26May 14 '26confirmed±6.6%▲+1.00%×0.15

Q2 FY26Aug 13 '26confirmed±10.6%▲+44.26%×4.19

quarterimplied−45%0+45%realized×

Q2 FY26±10.6%▲+44.26%×4.19

May '26±6.6%

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

Implied vs realized

Positioning

OI · 2 expiries · Nov 4 close

0.25OI · 2 expiries · Nov 4 closeP/C open interest · Nov 20 · nearest expiry

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

8590%Nov 2014d3,3900%

8260%Feb 19105d0.501,6440%0.50

ExpiryPutsCallsP/C

Nov 2014d8590%3,3900%0.25

Feb 19105d8260%1,6440%0.50

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

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

60.85%as filednet margin · revenue +54.10% QoQ · +157.91% YoY

Revenue

$58M+54.10% QoQ

Gross profit

$44M+74.32% QoQ

76.48% margin

Operating income

$23M+79.87% QoQ

39.73% margin

Pre-tax income

$22M+90.79% QoQ

Net income

$35M+204.45% QoQ

60.85% margin

Cost of revenue

$14M+11.89% QoQ

Operating expenses

$21M+68.70% QoQ

SG&A $16M

R&D $5M

Other expense

$656,000

Tax benefit

$13M

Revenue$58M+54.10%

Gross profit

$44M+74.32%

76.48% margin

Operating income

$23M+79.87%

39.73% margin

Pre-tax income

$22M+90.79%

Net income

$35M+204.45%

60.85% margin

Cost of revenue

$14M+11.89%

Operating expenses

$21M+68.70%

SG&A $16M

R&D $5M

Other expense

$656,000

Tax benefit$13M

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

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:45 ET

Intraday

Event sensitivity

NFP ×1.30· ±3.4% vs ±2.7% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±3.4%4 of 10×1.30

CPROFcorporate profits±2.7%6 of 12×1.02

PCEpersonal income & outlays±2.4%10 of 19×0.92

GDPgross domestic product±2.3%11 of 19×0.85

FOMCrate decision±2.2%16 of 24×0.82

PPIproducer prices±2.2%5 of 10×0.82

CPIconsumer prices±1.6%6 of 10×0.61

Bar = avg |move| to ±4% · tick = ±2.7% avg day · ×base = |move| ÷ ±2.7% · min 6 releases

Earnings history

EPS 1.06 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	—	1.06	—
Q2 FY26	Aug 13 '26 · confirmed	0.35	—
Q1 FY26	Mar 19 '26 · confirmed	0.05	—
Q3 FY25	Nov 6 '25 · confirmed	-0.07	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod