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

Implied ±2.7%, either direction.

How often does KB Home move more than the options market prices?

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

KBHNYSEOperative Builders

KB Home (KBH) earnings date, market-implied expected move, and options open interest by expiry

51.22

−0.84 · −1.61%

Regular session12:36 ET

Open51.35Volume1.9MMkt cap$3.2BP/E14.11EPS3.63Div yield1.88%

Day50.88 – 51.5451%52-wk40.92 – 66.9440%

KBH

KB Home

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±2.7%implied · report alone

8Q avg ±5.1%·×0.53·cheap

50.6553.47

straddle ±10.4%

spot 52.06exp Dec 18ATM strike 50ATM straddle 6.40IV 44%

Nov 5 closereport share · term structure

Expected move

Inputs

Next report

Dec 17

after close · in 41 days

est.Q4 FY26

Calendar

Next report

Last report

−2.96%

vs ±8.2% implied · ×0.36

shaded = implied · ▲▼ = realized

Sep 22 '26 · confirmed

Implied vs realized

Linked news

79dAII · supplierAmerican Integrity Insurance (AII) Q2 2026 Earnings Call Transcript
86dGFF · supplierGriffon (GFF) Q3 2026 Earnings Call Transcript

News

Largest filed tie

13F top-10 QoQ

+6.27%

shares held · 10 largest managers

13F · Jun 30 '26129d lag

384 managers

Top fund weight

0.12%

KBH weight · IWM

N-PORTJun 30 '26

5 funds

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

KB Home (KBH) is expected to report on Dec 17 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±7.6%
avg realized: ±5.1%

Jan 13 '25Jan 13 '25confirmed±6.2%▲+4.82%×0.77

Mar 24 '25Mar 24 '25confirmed±8.0%▼−5.21%×0.65

Jun 23 '25Jun 23 '25confirmed±8.8%▼−0.45%×0.05

Sep 24 '25Sep 24 '25confirmed±7.9%▼−0.63%×0.08

Dec 18 '25Dec 18 '25confirmed±4.3%▼−8.54%×2.00

Q1 FY26Mar 24 '26confirmed±8.6%▼−1.55%×0.18

Q2 FY26Jun 23 '26confirmed±8.9%▲+16.65%×1.86

Q3 FY26Sep 22 '26confirmed±8.2%▼−2.96%×0.36

quarterimplied−20%0+20%realized×

Q3 FY26±8.2%▼−2.96%×0.36

Q2 FY26±8.9%

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

Implied vs realized

Positioning

OI · 5 expiries · Nov 3 close

1.29OI · 5 expiries · Nov 3 closeP/C open interest · Dec 18 · first expiry after the report

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

1,514+9%Nov 2014d1.191,271+25%1.19

report · Dec 17 · after close · est.

11,4960%Dec 1842d8,923+2%

4,752+2%Jan 1570d0.786,065+3%0.78

2,496+1%Mar 19133d0.982,550+2%0.98

532+127%Apr 16161d0.73730+164%0.73

ExpiryPutsCallsP/C

Nov 2014d1,514+9%1,271+25%1.19

report · Dec 17 · after close · est.

Dec 1842d11,4960%8,923+2%1.29

Jan 1570d4,752+2%

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

Positioning

Linked exposure

scenario · straddle±10.4%

Funds 4

IWM±0.0%

MDY±0.0%

UWM±0.0%

VTI±0.0%

Suppliers 2

GFF±5.8%×0.56

PCYO±2.9%×0.27

Dashed = straddle · × = co-movement · max 500dMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

5.03%as filednet margin · revenue +16.60% QoQ · −19.96% YoY

Revenue

$1.3B+16.60% QoQ

Gross profit

$219M+25.56% QoQ

16.85% margin

Operating income

$70M+120.16% QoQ

5.43% margin

Pre-tax income

$81M+117.94% QoQ

Net income

$65M+138.69% QoQ

5.03% margin

Cost of revenue

$1.1B+14.94% QoQ

Operating expenses

$148M+4.26% QoQ

Tax

$16M+60.61% QoQ

Other income

$11M+104.43% QoQ

Revenue$1.3B+16.60%

Gross profit

$219M+25.56%

16.85% margin

Operating income

$70M+120.16%

5.43% margin

Pre-tax income

$81M+117.94%

Net income

$65M+138.69%

5.03% margin

Cost of revenue

$1.1B+14.94%

Operating expenses

$148M+4.26%

Other income$11M+104.43%

Tax$16M+60.61%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 5 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 12:30 ET

Intraday

Event sensitivity

FOMC ×1.23· ±2.1% vs ±1.7% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±2.1%12 of 24×1.23

CPIconsumer prices±2.1%4 of 10×1.20

NFPjobs report±1.7%5 of 10×0.97

PPIproducer prices±1.7%4 of 10×0.96

GDPgross domestic product±1.2%9 of 19×0.72

PCEpersonal income & outlays±1.2%7 of 19×0.72

CPROFcorporate profits±1.1%6 of 12×0.62

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

Earnings history

EPS 1.05 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Sep 22 '26 · confirmed	1.05	—
Q2 FY26	Jun 23 '26 · confirmed	0.43	—
Q1 FY26	Mar 24 '26 · confirmed	0.52	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod