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

Implied ±2.3%, either direction.

FRHCNasdaqSecurity Brokers, Dealers & Flotation Companies

Freedom Holding Corp. (FRHC) earnings date, market-implied expected move, and options open interest by expiry

187.96

+1.13 · +0.60%

post 186.91 −0.56%

After hours15:59 ETdelayed

Open186.28Volume106,618Mkt cap$11.4BP/E75.98EPS2.46

Day183.15 – 186.91100%52-wk107.98 – 190.6096%

FRHC

Freedom Holding Corp.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±2.3%implied · report alone

179.89188.31

straddle ±6.0%

spot 184.10exp Nov 20ATM strike 185ATM straddle 13.10IV 42%

Nov 4 closereport share · term structure

Expected move

Inputs

Next report

Nov 10

in 6 days

est.Q2 FY27

Calendar

Next report

Last report

—

Largest filed tie

filed ties

13F top-10 QoQ

+5.10%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

145 managers

Top fund weight

0.00%

FRHC weight · VT

N-PORTJul 31 '26

1 fund

Freedom (FRHC) is expected to report on Nov 10 (estimated date).

Implied vs realized

No reported quarters.

Implied vs realized

Positioning

OI · 3 expiries · Nov 3 close

2.11OI · 3 expiries · Nov 3 closeP/C open interest · Nov 20 · first expiry after the report

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

1,415+10%Nov 2016d672+1%

4,2770%Dec 1844d3.201,336−2%3.20

602+9%Mar 19135d0.311,966+4%0.31

ExpiryPutsCallsP/C

Nov 2016d1,415+10%672+1%2.11

Dec 1844d4,2770%1,336−2%3.20

Mar 19135d602+9%1,966+4%0.31

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

Positioning

Linked exposure

scenario · straddle±6.0%

Funds 1

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ1 FY27

4.32%as filednet margin · revenue +33.45% QoQ · +39.80% YoY

Revenue

$733M+33.45% QoQ

Gross profit

$668M+35.10% QoQ

91.19% margin

Operating income

$41M+113.12% QoQ

5.57% margin

Pre-tax income

$41M+31.64% QoQ

Net income

$32M+296.94% QoQ

4.32% margin

Cost of revenue

$53M−2.93% QoQ

Operating expenses

$627M−22.16% QoQ

Other operating $474M

SG&A $117M

Marketing $36M

Tax

$9M−60.19% QoQ

Revenue$733M+33.45%

Gross profit

$668M+35.10%

91.19% margin

Operating income

$41M+113.12%

5.57% margin

Pre-tax income

$41M+31.64%

Net income

$32M+296.94%

4.32% margin

Cost of revenue

$53M−2.93%

Operating expenses

$627M−22.16%

Other operating $474M

SG&A $117M

Marketing $36M

Tax$9M−60.19%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 15:45 ET

Intraday

Event sensitivity

PCE ×1.32· ±2.4% vs ±1.8% · 19 releases

eventrelease day|move|up · n×base

PCEpersonal income & outlays±2.4%9 of 19×1.32

NFPjobs report±2.2%6 of 10×1.19

PPIproducer prices±2.0%7 of 10×1.11

GDPgross domestic product±2.0%9 of 19×1.08

CPIconsumer prices±1.9%4 of 10×1.03

FOMCrate decision±1.8%13 of 24×0.97

CPROFcorporate profits±1.7%5 of 12×0.92

Bar = avg |move| to ±3% · tick = ±1.8% avg day · ×base = |move| ÷ ±1.8% · min 6 releases

Earnings history

EPS 0.52 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	—	0.52	—
Q4 FY26	—	0.13	—
Q3 FY26	—	1.25	—
Q2 FY26	—	0.63	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod