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

Implied ±21.2%, either direction · provisional.

How often does Intrepid Potash move more than the options market prices?

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

IPINYSEMining & Quarrying of Nonmetallic Minerals (No Fuels)

Intrepid Potash, Inc. (IPI) earnings date, market-implied expected move, and options open interest by expiry

30.49

−0.26 · −0.86%

Regular session15:46 ET

Open29.49Volume139,589Mkt cap$417.0MP/E15.32EPS1.99

Day29.22 – 30.49100%52-wk22.55 – 50.3429%

IPI

Intrepid Potash, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±21.2%implied · straddle

24.2337.27

spot 30.75exp Mar 19ATM strike 31ATM straddle 7.67IV 52%

Nov 3 closeprovisional

Expected move

Inputs

Next report

Mar 5

after close · in 121 days

est.Q4 FY26

Calendar

Next report

Last report

Nov 3

after close

confirmedNov 3 close

Implied vs realized

Largest filed tie

40.00%

of IPI revenue · Undisclosed direct customer

customerIPI 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+19.58%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

150 managers

Top fund weight

0.01%

IPI weight · IWM

N-PORTJun 30 '26

3 funds

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

Intrepid Potash (IPI) is expected to report on Mar 5 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±9.6%
avg realized: ±6.8%

Nov 4 '24Nov 4 '24confirmed±8.0%▲+7.75%×0.97

Mar 3 '25Mar 3 '25confirmed±9.7%▼−1.95%×0.20

May 5 '25May 5 '25confirmed±9.7%▲+17.26%×1.78

Aug 6 '25Aug 6 '25confirmed±8.8%▼−5.25%×0.60

Nov 5 '25Nov 5 '25confirmed±11.3%▼−8.56%×0.76

Q1 FY26Mar 4 '26confirmed±8.6%▲+10.57%×1.24

May 6 '26May 6 '26confirmed±8.5%▲+2.50%×0.29

Q2 FY26Aug 4 '26confirmed±11.9%▼−0.62%×0.05

quarterimplied−20%0+20%realized×

Q2 FY26±11.9%▼−0.62%×0.05

May '26±8.5%

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

Implied vs realized

Positioning

OI · 3 expiries · Nov 2 close

0.43OI · 3 expiries · Nov 2 closeP/C open interest · Mar 19 · first expiry after the report

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

137+1%Nov 2016d0.36381+1%0.36

4800%Dec 1844d0.58826+1%0.58

report · Mar 5 · after close · est.

3060%Mar 19135d7150%

ExpiryPutsCallsP/C

Nov 2016d137+1%381+1%0.36

Dec 1844d4800%826+1%0.58

report · Mar 5 · after close · est.

Mar 19135d3060%

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

Positioning

Linked exposure

scenario · straddle±21.2%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

3.39%as filednet margin · revenue −23.47% QoQ · −4.11% YoY

Revenue

$51M−23.47% QoQ

Gross profit

$10M−39.69% QoQ

19.68% margin

Operating income

$209,000−80.34% QoQ

0.41% margin

Pre-tax income

$2M−29.65% QoQ

Net income

$2M−88.88% QoQ

3.39% margin

Cost of revenue

$41M−18.07% QoQ

Operating expenses

$10M−36.92% QoQ

Other income

$2M+9.14% QoQ

Tax benefit

$7,000

Revenue$51M−23.47%

Gross profit

$10M−39.69%

19.68% margin

Operating income

$209,000−80.34%

0.41% margin

Pre-tax income

$2M−29.65%

Net income

$2M−88.88%

3.39% margin

Cost of revenue

$41M−18.07%

Operating expenses

$10M−36.92%

Other income$2M+9.14%

Tax benefit$7,000

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 15:30 ET

Intraday

Event sensitivity

PPI ×1.44· ±3.2% vs ±2.2% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±3.2%3 of 10×1.44

CPROFcorporate profits±2.6%4 of 12×1.17

CPIconsumer prices±2.6%5 of 10×1.16

NFPjobs report±2.4%5 of 10×1.08

FOMCrate decision±2.2%11 of 24×1.01

GDPgross domestic product±2.2%7 of 19×0.97

PCEpersonal income & outlays±1.9%6 of 19×0.87

Bar = avg |move| to ±4% · tick = ±2.2% avg day · ×base = |move| ÷ ±2.2% · min 6 releases

Earnings history

EPS 0.13 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	—	0.13	—
Q2 FY26	Aug 4 '26 · confirmed	1.17	—
Q1 FY26	Mar 4 '26 · confirmed	0.56	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod