Legence Corp. · Brief

Next report

10 days

Nov 13 · before openest.Q3 FY26

Expected move

±8.6%implied · report alone

33.3039.52

straddle ±15.9%

spot 36.41exp Nov 20ATM strike 35ATM straddle 6.83IV 107%

Nov 2 closereport share · term structure

Expected move

4 reportsHistory

—≥ implied

Q3 FY25—▲+20.86%—

Q1 FY26±14.9%▲+3.34%×0.22

May 14 '26±10.9%▼−11.00%×1.01

Q2 FY26—▼−7.92%—

quarterimplied−25%0+25%realized×

Q2 FY26—▼−7.92%—

May '26±10.9%▼−11.00%×1.01

Q1 FY26±14.9%▲+3.34%×0.22

Q3 FY25—▲+20.86%—

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

Nov 13 report · est.

Bull2 of 4

267managers reporting a position in the latest quarterly filings13F · Jun 30 '26

43managers whose positions together make up four fifths of the reported value13F · Jun 30 '26

Bear2

3tracked funds holding LGNN-PORT · Aug 31 '26

0.15%of iShares Russell 2000 ETF's assets, the largest tracked-fund weightN-PORT · Jun 30 '26

AI captions · Sep 28 '26once per report · top 2 per case

LGN report session

No linked exposure.

Oct 30impliedImplied move: ±17.4% into Nov 13 earnings (Oct 30 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.