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

Implied ±4.8%, either direction.

How often does HP move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

HPQNYSEComputer & office Equipment

HP Inc (HPQ) earnings date, market-implied expected move, and options open interest by expiry

28.78

−3.05 · −9.58%

post 28.86 +0.28%

Closed19:33 ET

Open29.74Volume29.9MMkt cap$26.0BP/E10.97EPS2.63Div yield4.17%

Day27.98 – 29.7849%52-wk16.91 – 36.2362%

HPQ

HP Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±4.8%implied · report alone

8Q avg ±3.8%·×1.28·rich

27.3830.18

straddle ±11.4%

spot 28.78exp Nov 27ATM strike 29ATM straddle 3.88IV 61%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 24

after close · in 23 days

est.Q4 FY26

Calendar

Next report

Last report

−2.92%

vs ±7.7% implied · ×0.38

shaded = implied · ▲▼ = realized

Aug 26 '26 · confirmed

Implied vs realized

Largest filed tie

48.80%

of Tungray Technologies revenue

supplierTRSG 20-F

Supply chain

Largest filed tie

13F top-10 QoQ

+2.14%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

1,093 managers

Top fund weight

0.21%

HPQ weight · RSP

N-PORTJul 31 '26

10 funds

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

HP (HPQ) is expected to report on Nov 24 after close (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±6.4%
avg realized: ±3.8%

Feb 27 '25Feb 27 '25confirmed±5.5%▼−6.82%×1.24

May 28 '25May 28 '25confirmed±6.8%▼−8.27%×1.22

Q3 FY25Aug 27 '25confirmed±4.7%▲+4.57%×0.97

Nov 25 '25Nov 25 '25confirmed±6.6%▼−1.40%×0.21

Q4 FY25Feb 3 '26confirmed±3.0%▲+4.32%×1.42

Q1 FY26Feb 24 '26confirmed±7.9%▲+0.05%×0.01

Q2 FY26May 27 '26confirmed±8.7%▼−1.88%×0.22

Q3 FY26Aug 26 '26confirmed±7.7%▼−2.92%×0.38

quarterimplied−10%0+10%realized×

Q3 FY26±7.7%▼−2.92%×0.38

Q2 FY26±8.7%

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

Implied vs realized

Positioning

OI · 10 expiries · Oct 30 close

0.11OI · 10 expiries · Oct 30 closeP/C open interest · Nov 27 · first expiry after the report

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

5,744+31%Nov 65d1.095,289+13%1.09

1,3460%Nov 1312d0.423,188+1%0.42

33,001+4%Nov 2019d1.0232,2340%1.02

report · Nov 24 · after close · est.

404+183%Nov 2726d3,698+16%

673+399%Dec 433d2.13316+445%2.13

14—Dec 1140d—0——

4 later expiries

35,337+4%Dec 1847d1.3825,5860%1.38

29,388+19%Jan 1575d0.49

ExpiryPutsCallsP/C

Nov 65d5,744+31%5,289+13%1.09

Nov 1312d1,3460%3,188+1%0.42

Nov 2019d33,001+4%32,2340%1.02

report · Nov 24 · after close · est.

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

Positioning

Linked exposure

scenario · straddle±11.4%

Funds 4

RSP±0.0%

XLK±0.0%

REVS±0.0%

VTV±0.0%

Customers 3

BBY±5.2%×0.45

SLVM±3.1%×0.28

CNXN±2.7%×0.24

Dashed = straddle · × = co-movement · max 500dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

4.22%as filednet margin · revenue +8.81% QoQ · +12.53% YoY

Revenue

$15.7B+8.81% QoQ

Gross profit

$2.9B−2.35% QoQ

18.79% margin

Operating income

$892M+45.75% QoQ

5.69% margin

Pre-tax income

$798M+61.87% QoQ

Net income

$661M+46.89% QoQ

4.22% margin

Cost of revenue

$12.7B+11.76% QoQ

Operating expenses

$2.1B−14.60% QoQ

SG&A $1.5B

R&D $389M

Other operating $127M

Other expense

$94M

Tax

$137M+218.60% QoQ

Revenue$15.7B+8.81%

Gross profit

$2.9B−2.35%

18.79% margin

Operating income

$892M+45.75%

5.69% margin

Pre-tax income

$798M+61.87%

Net income

$661M+46.89%

4.22% margin

Cost of revenue

$12.7B+11.76%

Operating expenses

$2.1B−14.60%

SG&A $1.5B

R&D $389M

Other operating $127M

Other expense

$94M

Tax$137M+218.60%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jul 31 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:30 ET

Intraday

Event sensitivity

CPROF ×1.51· ±2.5% vs ±1.7% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±2.5%5 of 12×1.51

NFPjobs report±2.3%6 of 10×1.37

GDPgross domestic product±2.2%9 of 20×1.35

CPIconsumer prices±1.9%4 of 11×1.13

PPIproducer prices±1.9%6 of 11×1.12

PCEpersonal income & outlays±1.8%9 of 20×1.09

FOMCrate decision±1.5%11 of 25×0.88

Bar = avg |move| to ±3% · tick = ±1.7% avg day · ×base = |move| ÷ ±1.7% · min 6 releases

Earnings history

EPS 0.71 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Aug 26 '26 · confirmed	0.71	—
Q2 FY26	May 27 '26 · confirmed	0.49	—
Q1 FY26	Feb 24 '26 · confirmed	0.58	—
Q4 FY25	Feb 3 '26 · confirmed	0.93	—

Methodology

ties · implied moves · holdersMethod