GNL
Global Net Lease, Inc.8.58post+$0.01 (+0.12%)at close −$0.08 (−0.92%)
as of 19:59:56 UTCnext report Aug 6 · tomorrow
Earnings Room‹ back to GNL
The report
fiscal Q2 2026 · from the company's noticeAug 6after close1day out
Expected movement
market-implied · at the Aug 4 close±8.7%is what the chain prices for this report itself, with the ordinary drift of the days around it taken out. Not a view we hold.
The full straddle prices ±11.9% over the 17 days to expiry; the rest of that is everyday movement, which the chain prices at 38% annualized.
expiry Aug 21 · first after the reportATM strike 7.5straddle 1.20ATM IV 56% vs 46% at Sep 18× 0.85 straddle-to-rangespot 8.58
Blast radius
3 linked · N-PORT + EDGARIf GNL moves ±11.9% over this report, these carry part of it. Fund rows are arithmetic on published holding weights — what an index fund does by construction. Company rows are ranked by disclosed tie strength.
Positioning
4 expiries · as of the Aug 4 closeContracts already committed, not just traded today — puts against calls, sized by expiry. The tick is today's volume moving against that stance; the arrow, how much built up since the prior session.
OI ΔPutsOI
ExpiryOICallsOI Δ
first
0
Aug 21
17d
200
▲ +0%
first
0
Sep 18
45d
27
▲ +0%
▲ +0%133
Oct 16
73d
184
▲ +0%
▲ +0%
448
Jan 15
164d
1.1k▲ +0%
The record
expected in pale · actual in full color3/8reports moved further than the options market had pricedtypically ±4.0% realized vs ±7.4% priced
May 5 '26±8.8%→−1.3%×0.15
Feb 25 '26±5.1%→−3.1%×0.61
Nov 5 '25±5.3%→+5.2%×0.98
Aug 6 '25±9.0%→+9.1%×1.00
May 7 '25±3.9%→+4.3%×1.08
Feb 27 '25±5.9%→+6.2%×1.05
Nov 6 '24±11.9%→+0.3%×0.02
Aug 6 '24±9.5%→−2.3%×0.24
pale = implied the day beforeink = the next day's close× = realized ÷ implied
2-quarter memory
Q1 FY26 · reported -0.08 · rev $112M
record note
The note composes when the report lands. Nothing is written for a quarter that hasn't been read.