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

Implied ±9.8%, either direction.

GMENYSERetail-Computer & Computer Software Stores

GameStop Corp. (GME) earnings date, market-implied expected move, and options open interest by expiry

24.22

+0.22 · +0.91%

post 24.16 −0.24%

Closed19:59 ET

Open23.77Volume9.2MMkt cap$12.2BP/E12.14EPS1.99

Day23.13 – 24.2295%52-wk17.79 – 28.3061%

GME

GameStop Corp.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.8%implied · report alone

8Q avg ±4.5%·×2.17·rich

21.8626.60

straddle ±13.5%

spot 24.23exp Dec 11ATM strike 24ATM straddle 3.84IV 59%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Dec 8

after close · in 38 days

est.Q3 FY26

Calendar

Next report

Last report

−1.41%

vs ±6.1% implied · ×0.23

shaded = implied · ▲▼ = realized

Sep 8 '26 · confirmed

Implied vs realized

Linked news

1dSONY · supplierSony Group grants RSUs corresponding to up to 6,149,818 shares to 4,176 persons

News

Largest filed tie

13F top-10 QoQ

+0.36%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

390 managers

Top fund weight

4.40%

GME weight · BCOR

N-PORTJun 30 '26

4 funds

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

GameStop (GME) is expected to report on Dec 8 after close (estimated date).

Implied vs realized

8 reports

—≥ implied

Mar 25 '25Mar 25 '25confirmed—▲+11.65%—

Jun 10 '25Jun 10 '25confirmed—▼−5.31%—

Sep 9 '25Sep 9 '25confirmed—▲+3.31%—

Q3 FY25Dec 9 '25confirmed—▼−4.28%—

Mar 24 '26Mar 24 '26confirmed—▲+1.18%—

Q1 FY26Jun 2 '26confirmed—▲+6.02%—

Q2 FY26Aug 31 '26confirmed—▲+2.85%—

Sep 8 '26Sep 8 '26confirmed±6.1%▼−1.41%×0.23

quarterimplied−15%0+15%realized×

Sep '26±6.1%▼−1.41%×0.23

Q2 FY26—▲+2.85%

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

Implied vs realized

Positioning

OI · 9 expiries · Oct 27 close

0.35OI · 9 expiries · Oct 27 closeP/C open interest · Dec 18 · first expiry after the report

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

3 nearer expiries

10,419+11%Nov 66d0.1666,553+15%0.16

6,270+13%Nov 1313d0.2921,683+16%0.29

31,891+8%Nov 2020d0.26123,729−2%0.26

939+46%Nov 2727d0.175,654+37%0.17

262+1210%Dec 434d0.201,337+198%0.20

report · Dec 8 · after close · est.

ExpiryPutsCallsP/C

3 nearer expiries

Nov 66d10,419+11%66,553+15%0.16

Nov 1313d6,270+13%21,683+16%0.29

Nov 2020d31,891+8%123,729

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

Positioning

Linked exposure

scenario · straddle±13.5%

Funds 4

BCOR±0.6%

MDY±0.0%

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ2 FY26

37.80%as filednet margin · revenue −5.40% QoQ · −18.72% YoY

Revenue

$790M−5.40% QoQ

Gross profit

$345M+1.38% QoQ

43.66% margin

Operating income

$160M+11.79% QoQ

20.27% margin

Pre-tax income

$420M−17.02% QoQ

Net income

$299M−23.33% QoQ

37.80% margin

Cost of revenue

$445M−10.06% QoQ

Operating expenses

$185M−6.19% QoQ

Tax

$122M+4.02% QoQ

Other income

$260M−28.39% QoQ

Revenue$790M−5.40%

Gross profit

$345M+1.38%

43.66% margin

Operating income

$160M+11.79%

20.27% margin

Pre-tax income

$420M−17.02%

Net income

$299M−23.33%

37.80% margin

Cost of revenue

$445M−10.06%

Operating expenses

$185M−6.19%

Other income$260M−28.39%

Tax$122M+4.02%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Aug 1 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:45 ET

Intraday

Event sensitivity

CPROF ×1.32· ±4.1% vs ±3.1% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±4.1%4 of 12×1.32

GDPgross domestic product±3.2%8 of 19×1.04

FOMCrate decision±2.9%10 of 24×0.94

PCEpersonal income & outlays±2.1%9 of 19×0.67

CPIconsumer prices±1.5%7 of 10×0.50

PPIproducer prices±1.4%4 of 10×0.47

NFPjobs report±1.4%5 of 10×0.44

Bar = avg |move| to ±5% · tick = ±3.1% avg day · ×base = |move| ÷ ±3.1% · min 6 releases

Earnings history

EPS 0.51 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 31 '26 · confirmed	0.51	—
Q1 FY26	Jun 2 '26 · confirmed	0.66	—
Q3 FY25	Dec 9 '25 · confirmed	0.13	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod