HOWLNasdaqPharmaceutical Preparations

Werewolf Therapeutics, Inc. (HOWL) earnings date, market-implied expected move, and options open interest by expiry

1.08

+0.01 · +0.82%

post 1.07 −0.82%

After hours16:32 ETdelayed

Open1.08Volume251,508Mkt cap$52.0MEPS-0.72

Day1.06 – 1.0851%52-wk0.27 – 1.3078%

HOWL

Werewolf Therapeutics, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Nov 9

before open · in 5 days

est.Q3 FY26

Calendar

Next report

Last report

−29.44%

shaded = implied · ▲▼ = realized

Jul 31 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

13F top-10 QoQ

−32.68%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

46 managers

Top fund weight

0.00%

HOWL weight · VTI

N-PORTJun 30 '26

1 fund

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

Werewolf Therapeutics (HOWL) is expected to report on Nov 9 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Jul 31 '26confirmed—▼−29.44%—

quarterimplied−30%0+30%realized×

Q2 FY26—▼−29.44%—

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

Implied vs realized

Positioning

OI · 3 expiries · Nov 3 close

0.00OI · 3 expiries · Nov 3 closeP/C open interest · Nov 20 · first expiry after the report

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

0—Nov 2016d1,0000%

130%Jan 1572d0.011,5120%0.01

17+42%Apr 16163d0.036140%0.03

ExpiryPutsCallsP/C

Nov 2016d0—1,0000%0.00

Jan 1572d130%1,5120%0.01

Apr 16163d17+42%6140%0.03

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

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

17.48%as filednet margin

Revenue$21M—

Gross profit$21M100.00%—

Operating income$7M34.09%+153.94%

Pre-tax income$4M+127.12%

Net income$4M17.48%+127.12%

Cost of revenue$0—

Operating expenses$14M+4.30%

Other expense−$3M−1236.40%

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

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:30 ET

Intraday

Event sensitivity

CPROF ×1.47· ±6.8% vs ±4.6% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±6.8%6 of 12×1.47

CPIconsumer prices±6.8%2 of 10×1.47

GDPgross domestic product±6.6%10 of 19×1.42

PCEpersonal income & outlays±6.4%9 of 19×1.38

NFPjobs report±4.8%5 of 10×1.04

FOMCrate decision±4.8%6 of 24×1.04

PPIproducer prices±4.0%4 of 10×0.85

Bar = avg |move| to ±7% · tick = ±4.6% avg day · ×base = |move| ÷ ±4.6% · min 6 releases

Earnings history

EPS 0.08 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 31 '26 · confirmed	0.08	—
Q1 FY26	—	-0.28	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod