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

Implied ±12.7%, either direction · provisional.

HIWNYSEReal Estate Investment Trusts

Highwoods Properties, Inc. (HIW) earnings date, market-implied expected move, and options open interest by expiry

31.70

pre 31.71 −1.53%

Pre-market16:00 ETdelayed

Open32.19Volume1.0MMkt cap$3.5BP/E18.87EPS1.68Div yield6.31%

Day31.38 – 32.5229%52-wk19.73 – 34.8779%

HIW

Highwoods Properties, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±12.7%implied · straddle

27.6835.76

spot 31.72exp Feb 19ATM strike 30ATM straddle 4.75IV 35%

Nov 5 closeprovisional

Expected move

Inputs

Next report

Feb 8

in 94 days

est.Q4 FY26

Calendar

Next report

Last report

—

Linked news

18hJPM · supplierDemocrats to probe JPMorgan's relationship with Jeffrey Epstein when they take Senate control
8dMKL · customerMarkel enters adverse development cover with Enstar on $4.8 billion reserves

News

Largest filed tie

13F top-10 QoQ

+17.22%

shares held · 10 largest managers

13F · Jun 30 '26129d lag

367 managers

Top fund weight

0.19%

HIW weight · VNQ

N-PORTJul 31 '26

5 funds

Highwoods Properties (HIW) is expected to report on Feb 8 (estimated date).

Implied vs realized

No reported quarters.

Implied vs realized

Positioning

OI · 2 expiries · Nov 4 close

0.05OI · 2 expiries · Nov 4 closeP/C open interest · Feb 19 · first expiry after the report

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

870%Nov 2014d0.30291−1%0.30

report · Feb 8 · est.

82+1%Feb 19105d1,757+1%

ExpiryPutsCallsP/C

Nov 2014d870%291−1%0.30

report · Feb 8 · est.

Feb 19105d82+1%1,757+1%0.05

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

Positioning

Linked exposure

scenario · straddle±12.7%

Funds 4

VNQ±0.0%

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

15.62%as filednet margin · revenue +0.83% QoQ · +8.13% YoY

Revenue$218M+0.83%

Gross profit$218M100.00%+0.83%

Operating income$71M32.46%−48.04%

Pre-tax income$33M−65.72%

Net income$34M15.62%−64.78%

Cost of revenue$0—

Operating expenses$147M+84.01%

Other expense−$38M+4.11%

Source: SEC filings · standardized · QE Sep 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 5 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

NFP ×1.66· ±2.3% vs ±1.4% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.3%4 of 10×1.66

FOMCrate decision±2.3%11 of 24×1.64

CPIconsumer prices±2.1%7 of 11×1.55

GDPgross domestic product±1.4%9 of 19×1.06

PPIproducer prices±1.3%7 of 11×0.96

PCEpersonal income & outlays±1.2%9 of 19×0.85

CPROFcorporate profits±1.2%5 of 12×0.85

Bar = avg |move| to ±3% · tick = ±1.4% avg day · ×base = |move| ÷ ±1.4% · min 6 releases

Earnings history

EPS 0.29 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	—	0.29	—
Q2 FY26	—	0.85	—
Q1 FY26	—	0.29	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod