Firefly Aerospace Inc. · Brief

Next report

10 days

Nov 11 · after closeest.Q3 FY26

Expected move

±8.6%implied · report alone

16.4019.47

straddle ±15.6%

spot 17.94exp Nov 13ATM strike 18ATM straddle 3.30IV 118%

Oct 30 closereport share · term structure

Expected move

5 reportsHistory

1 of 5≥ implied

Q3 FY25±18.0%▼−15.31%×0.85

Nov 12 '25±13.0%▲+16.99%×1.31

Q1 FY26±9.3%▲+1.13%×0.12

May 4 '26±12.0%▼−5.54%×0.46

Q2 FY26±11.7%▲+0.68%×0.06

quarterimplied−20%0+20%realized×

Q2 FY26±11.7%▲+0.68%×0.06

May '26±12.0%▼−5.54%×0.46

Q1 FY26±9.3%▲+1.13%×0.12

Nov '25±13.0%▲+16.99%×1.31

Q3 FY25±18.0%▼−15.31%×0.85

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

Nov 11 report · est.

Bull2 of 4

273managers reporting a position in the latest quarterly filings13F · Jun 30 '26

1 of 21largest reporting managers who cut their stake in the latest quarter13F · Jun 30 '26

Bear2 of 3

4 of 5recent reports where the move came in under the options implied rangeEarnings history

4tracked funds holding FLYN-PORT · Aug 31 '26

AI captions · Sep 28 '26once per report · top 2 per case

FLY report session

No linked exposure.

Oct 28impliedImplied move: ±16.3% into Nov 11 earnings (Oct 28 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.