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

Implied ±3.7%, either direction.

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

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

METNYSELife Insurance

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

100.13

−0.70 · −0.69%

post 100.13 0.00%

Closed16:00 ET

Open101.61Volume4.0MMkt cap$63.6BP/E19.04EPS5.26Div yield2.32%

Day99.84 – 101.7216%52-wk66.41 – 103.6591%

MET

MetLife Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±3.7%implied · report alone

8Q avg ±2.9%·×1.27·rich

96.36103.68

straddle ±5.4%

spot 100.02exp Nov 20ATM strike 100ATM straddle 6.35IV 33%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 4

after close · in 3 days

est.Q3 FY26

Calendar

Next report

Last report

+3.83%

vs ±4.5% implied · ×0.85

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Linked news

19dCNA · customerCNA Financial to Report Third Quarter 2026 Results on November 2
60dCPAY · customerCorpay (CPAY) Simplifies Its Business As Profits Take A Hit
75dBHF · supplierBrighthouse Stock Falls After Regulator Details Plan to Scrutinize Deal

News

Largest filed tie

13F top-10 QoQ

−1.34%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

1,457 managers

Top fund weight

0.60%

MET weight · XLF

N-PORTJun 30 '26

11 funds

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

MetLife (MET) is expected to report on Nov 4 after close (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±4.1%
avg realized: ±2.9%

Oct 30 '24Oct 30 '24confirmed±3.3%▼−5.72%×1.75

Feb 5 '25Feb 5 '25confirmed±3.0%▼−1.56%×0.52

Apr 30 '25Apr 30 '25confirmed±5.1%▲+0.53%×0.10

Aug 6 '25Aug 6 '25confirmed±3.6%▼−2.80%×0.77

Q3 FY25Nov 5 '25confirmed±4.7%▼−3.44%×0.74

Feb 4 '26Feb 4 '26confirmed±4.7%▼−3.45%×0.73

Q1 FY26May 6 '26confirmed±4.0%▼−1.67%×0.41

Q2 FY26Aug 5 '26confirmed±4.5%▲+3.83%×0.85

quarterimplied−10%0+10%realized×

Q2 FY26±4.5%▲+3.83%×0.85

Q1 FY26±4.0%▼−1.67%×0.41

Feb '26±4.7%▼−3.45%×0.73

Q3 FY25±4.7%▼−3.44%×0.74

Aug '25±3.6%▼−2.80%×0.77

Apr '25±5.1%▲+0.53%×0.10

2 older reports

Feb '25±3.0%▼−1.56%×0.52

Oct '24±3.3%▼−5.72%×1.75

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

0.87OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

3,972−2%Nov 2019d4,552−2%

14,9560%Dec 1847d1.4710,1490%1.47

29,3840%Jan 1575d1.4819,851+14%1.48

4,680+1%Mar 19138d1.144,122+2%1.14

ExpiryPutsCallsP/C

Nov 2019d3,972−2%4,552−2%0.87

Dec 1847d14,9560%10,1490%1.47

Jan 1575d29,3840%19,851+14%1.48

Mar 19138d4,680+1%4,122+2%1.14

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

Positioning

Linked exposure

scenario · straddle±5.4%

Funds 4

XLF±0.0%

REVS±0.0%

VIG±0.0%

RSP±0.0%

Customers 1

CPAY±3.8%×0.70

Dashed = straddle · × = co-movement · max 501dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

4.01%as filednet margin · revenue +2.48% QoQ · +10.26% YoY

Revenue$19.4B+2.48%

Pre-tax income$1.0B−31.32%

Net income$779M4.01%−32.96%

Tax$256M−25.80%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 16:00 ET

Intraday

Event sensitivity

PPI ×1.33· ±1.5% vs ±1.1% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±1.5%6 of 10×1.33

NFPjobs report±1.3%4 of 10×1.18

FOMCrate decision±1.3%11 of 24×1.14

PCEpersonal income & outlays±1.2%12 of 19×1.07

GDPgross domestic product±1.0%10 of 19×0.94

CPIconsumer prices±0.8%3 of 10×0.72

CPROFcorporate profits±0.7%6 of 12×0.66

Bar = avg |move| to ±2% · tick = ±1.1% avg day · ×base = |move| ÷ ±1.1% · min 6 releases

Earnings history

EPS 1.09 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	1.09	—
Q1 FY26	May 6 '26 · confirmed	1.74	—
Q3 FY25	Nov 5 '25 · confirmed	1.22	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod