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

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

LRNNYSEServices-Educational Services

Stride, Inc. (LRN) earnings date, market-implied expected move, and options open interest by expiry

79.24

+4.19 · +5.58%

post 80.00 +0.96%

After hours17:14 ETdelayed

Open75.70Volume1.3MMkt cap$3.2BP/E10.13EPS7.90

Day75.70 – 80.00100%52-wk60.61 – 103.6745%

LRN

Stride, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Jan 26

after close · in 83 days

est.Q2 FY27

Calendar

Next report

Last report

−3.24%

vs ±15.3% implied · ×0.21

shaded = implied · ▲▼ = realized

Oct 20 '26 · confirmed

Implied vs realized

Linked news

1hMSFT · supplierMicrosoft announces change to director slate for Annual Shareholders Meeting
2hAMZN · supplierMicrosoft and Amazon combine for a $400 billion market-cap boost — and these factors show why
1dORCL · supplierOracle Announces Pricing of $20 Billion of Common Stock and Senior Notes

News

Largest filed tie

13F top-10 QoQ

+0.39%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

416 managers

Top fund weight

0.11%

LRN weight · IWM

N-PORTJun 30 '26

4 funds

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

Stride (LRN) is expected to report on Jan 26 after close (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±13.2%
avg realized: ±13.5%

Apr 29 '25Apr 29 '25confirmed±12.4%▼−0.24%×0.02

Aug 5 '25Aug 5 '25confirmed±10.2%▲+15.67%×1.54

Oct 28 '25Oct 28 '25confirmed±11.3%▼−54.37%×4.82

Q2 FY26Jan 27 '26confirmed±15.4%▲+14.25%×0.92

Q3 FY26Apr 28 '26confirmed±13.8%▲+2.79%×0.20

Q4 FY26Jul 30 '26confirmed±13.6%▼−14.98%×1.10

Aug 4 '26Aug 4 '26confirmed±13.1%▲+2.65%×0.20

Q1 FY27Oct 20 '26confirmed±15.3%▼−3.24%×0.21

quarterimplied−55%0+55%realized×

Q1 FY27±15.3%▼−3.24%×0.21

Aug '26±13.1%

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

Implied vs realized

Positioning

OI · 4 expiries · Nov 3 close

1.60OI · 4 expiries · Nov 3 closeP/C open interest · Mar 19 · first expiry after the report

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

1,9330%Nov 2016d0.872,220−1%0.87

3810%Dec 1844d0.834580%0.83

992−1%Jan 1572d0.323,1010%0.32

report · Jan 26 · after close · est.

654+2%Mar 19135d409+1%

ExpiryPutsCallsP/C

Nov 2016d1,9330%2,220−1%0.87

Dec 1844d3810%4580%0.83

Jan 1572d992−1%3,1010%0.32

report · Jan 26 · after close · est.

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 filedQ1 FY27

10.15%as filednet margin · revenue +0.52% QoQ · +2.98% YoY

Revenue

$639M+0.52% QoQ

Gross profit

$241M+10.97% QoQ

37.71% margin

Operating income

$84M−20.39% QoQ

13.18% margin

Pre-tax income

$83M−20.60% QoQ

Net income

$65M−20.24% QoQ

10.15% margin

Cost of revenue

$398M−4.90% QoQ

Operating expenses

$157M+40.76% QoQ

Other expense

$1M

Tax

$18M−21.86% QoQ

Revenue$639M+0.52%

Gross profit

$241M+10.97%

37.71% margin

Operating income

$84M−20.39%

13.18% margin

Pre-tax income

$83M−20.60%

Net income

$65M−20.24%

10.15% margin

Cost of revenue

$398M−4.90%

Operating expenses

$157M+40.76%

Other expense

$1M

Tax$18M−21.86%

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

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 17:00 ET

Intraday

Event sensitivity

FOMC ×2.48· ±4.0% vs ±1.6% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±4.0%14 of 24×2.48

GDPgross domestic product±2.3%11 of 19×1.40

NFPjobs report±2.2%6 of 10×1.34

PCEpersonal income & outlays±2.1%12 of 19×1.32

PPIproducer prices±1.8%5 of 10×1.12

CPROFcorporate profits±1.6%8 of 12×1.01

CPIconsumer prices±1.2%6 of 10×0.73

Bar = avg |move| to ±5% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 1.45 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	Oct 20 '26 · confirmed	1.45	—
Q4 FY26	Jul 30 '26 · confirmed	1.69	—
Q3 FY26	Apr 28 '26 · confirmed	1.93	—
Q2 FY26	Jan 27 '26 · confirmed	2.12	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod