How often does Extreme Networks move more than the options market prices?

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

EXTRNasdaqComputer Communications Equipment

Extreme Networks Inc (EXTR) earnings date, market-implied expected move, and options open interest by expiry

22.99

+0.18 · +0.80%

Regular session14:11 ET

Open22.88Volume2.0MMkt cap$3.0BP/E57.48EPS0.40

Day22.57 – 23.3753%52-wk13.48 – 33.7347%

EXTR

Extreme Networks Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Jan 27

before open · in 84 days

est.Q2 FY27

Calendar

Next report

Last report

+2.47%

vs ±12.4% implied · ×0.20

shaded = implied · ▲▼ = realized

Oct 28 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+6.11%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

340 managers

Top fund weight

0.13%

EXTR weight · IWM

N-PORTJun 30 '26

4 funds

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

Extreme Networks (EXTR) is expected to report on Jan 27 before open (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±11.7%
avg realized: ±10.7%

Jan 29 '25Jan 29 '25confirmed±11.5%▼−2.95%×0.26

Apr 30 '25Apr 30 '25confirmed±11.6%▼−1.20%×0.10

Aug 6 '25Aug 6 '25confirmed±8.5%▲+14.04%×1.65

Oct 29 '25Oct 29 '25confirmed±11.8%▼−15.33%×1.30

Q2 FY26Jan 28 '26confirmed±11.4%▲+2.18%×0.19

Q3 FY26Apr 29 '26confirmed±11.9%▲+28.15%×2.37

Q4 FY26Aug 5 '26confirmed±14.3%▼−19.02%×1.33

Q1 FY27Oct 28 '26confirmed±12.4%▲+2.47%×0.20

quarterimplied−30%0+30%realized×

Q1 FY27±12.4%▲+2.47%×0.20

Q4 FY26±14.3%

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

Implied vs realized

Positioning

OI · 3 expiries · Nov 3 close

0.49OI · 3 expiries · Nov 3 closeP/C open interest · Mar 19 · first expiry after the report

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

684+62%Nov 2016d0.621,1090%0.62

6070%Dec 1844d0.252,4610%0.25

report · Jan 27 · before open · est.

214+10%Mar 19135d4380%

ExpiryPutsCallsP/C

Nov 2016d684+62%1,1090%0.62

Dec 1844d6070%2,4610%0.25

report · Jan 27 · before open · est.

Mar 19135d214+10%

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 filedQ1 FY27

4.68%as filednet margin · revenue +0.75% QoQ · +9.94% YoY

Revenue

$341M+0.75% QoQ

Gross profit

$212M+0.69% QoQ

62.13% margin

Operating income

$23M+9.58% QoQ

6.77% margin

Pre-tax income

$18M+3.02% QoQ

Net income

$16M−11.43% QoQ

4.68% margin

Cost of revenue

$129M+0.86% QoQ

Operating expenses

$189M−0.30% QoQ

Marketing $92M

R&D $58M

SG&A $32M

Other operating $8M

Other expense

$5M

Tax

$2M+1928.15% QoQ

Revenue$341M+0.75%

Gross profit

$212M+0.69%

62.13% margin

Operating income

$23M+9.58%

6.77% margin

Pre-tax income

$18M+3.02%

Net income

$16M−11.43%

4.68% margin

Cost of revenue

$129M+0.86%

Operating expenses

$189M−0.30%

Marketing $92M

R&D $58M

SG&A $32M

Other expense

$5M

Tax$2M+1928.15%

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

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 14:00 ET

Intraday

Event sensitivity

FOMC ×2.32· ±4.5% vs ±2.0% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±4.5%11 of 24×2.32

NFPjobs report±2.9%2 of 10×1.48

CPIconsumer prices±2.5%7 of 10×1.26

PPIproducer prices±2.3%2 of 10×1.19

CPROFcorporate profits±1.9%7 of 12×0.95

PCEpersonal income & outlays±1.5%11 of 19×0.79

GDPgross domestic product±1.3%11 of 19×0.67

Bar = avg |move| to ±5% · tick = ±2.0% avg day · ×base = |move| ÷ ±2.0% · min 6 releases

Earnings history

EPS 0.12 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	Oct 28 '26 · confirmed	0.12	—
Q4 FY26	Aug 5 '26 · confirmed	0.13	—
Q3 FY26	Apr 29 '26 · confirmed	0.08	—
Q2 FY26	Jan 28 '26 · confirmed	0.06	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod