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

Implied ±11.5%, either direction.

How often does enCore Energy move more than the options market prices?

1 of the last 6 reports moved at least as far as the implied move.

EUNasdaqMiscellaneous Metal Ores

enCore Energy Corp. (EU) earnings date, market-implied expected move, and options open interest by expiry

0.69

+0.01 · +0.90%

Regular session14:07 ET

Open0.69Volume1.3MMkt cap$133.4MEPS-0.32

Day0.69 – 0.7225%52-wk0.66 – 3.681%

enCore Energy Corp.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.5%implied · report alone

8Q avg ±10.5%·×1.10·fair

0.610.77

straddle ±49.5%

spot 0.69exp Nov 20ATM strike 0.5ATM straddle 0.40IV 380%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 11

before open · in 7 days

est.Q3 FY26

Calendar

Next report

Last report

−17.39%

shaded = implied · ▲▼ = realized

Aug 13 '26 · confirmed

Implied vs realized

Largest filed tie

63.00%

of EU revenue · Customer A

customerEU 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

−0.40%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

144 managers

Top fund weight

0.01%

EU weight · IWM

N-PORTJun 30 '26

3 funds

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

enCore Energy (EU) is expected to report on Nov 11 before open (estimated date).

Implied vs realized

7 reports

1 of 6≥ implied

avg implied: ±14.1%
avg realized: ±9.3%

Mar 3 '25Mar 3 '25confirmed±18.7%▼−46.43%×2.48

May 12 '25May 12 '25confirmed±16.5%▼−2.84%×0.17

Aug 11 '25Aug 11 '25confirmed±12.6%▲+1.50%×0.12

Q3 FY25Nov 12 '25confirmed±12.4%▲+1.13%×0.09

Q1 FY26Mar 9 '26confirmed±14.0%▲+2.08%×0.15

May 14 '26May 14 '26confirmed±10.6%▲+1.89%×0.18

Q2 FY26Aug 13 '26confirmed—▼−17.39%—

quarterimplied−50%0+50%realized×

Q2 FY26—▼−17.39%—

May '26±10.6%▲+1.89%

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

0.14OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

900%Nov 2016d6550%

0—Dec 1844d0.00301+1%0.00

2,3870%Jan 1572d0.1023,1820%0.10

1980%Apr 16163d0.267600%0.26

ExpiryPutsCallsP/C

Nov 2016d900%6550%0.14

Dec 1844d0—301+1%0.00

Jan 1572d2,3870%23,1820%0.10

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

Positioning

Linked exposure

scenario · straddle±49.5%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

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

Linked exposure

Revenue flow

as filedQ2 FY26

−284.24%as filednet margin · revenue −14.23% QoQ · +328.38% YoY

Revenue$16M−14.23%

Gross profit−$3M−16.41%−3925.00%

Operating income−$29M−187.91%−396.22%

Pre-tax income−$45M−2023.02%

Net income−$45M−284.24%−1875.33%

Cost of revenue$18M−0.51%

Operating expenses$27M+368.63%

Tax$0+100.00%

Other expense−$15M−97.97%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 14:00 ET

Intraday

Event sensitivity

PPI ×1.69· ±5.8% vs ±3.4% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±5.8%3 of 11×1.69

NFPjobs report±5.0%2 of 10×1.45

FOMCrate decision±3.6%12 of 24×1.06

GDPgross domestic product±3.6%8 of 20×1.05

CPROFcorporate profits±3.4%6 of 12×0.99

PCEpersonal income & outlays±3.1%6 of 20×0.90

CPIconsumer prices±2.6%2 of 11×0.76

Bar = avg |move| to ±6% · tick = ±3.4% avg day · ×base = |move| ÷ ±3.4% · min 6 releases

Earnings history

EPS -0.21 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 13 '26 · confirmed	-0.21	—
Q1 FY26	Mar 9 '26 · confirmed	0.03	—
Q3 FY25	Nov 12 '25 · confirmed	-0.03	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod