What move does the options market price into Mueller Water Products's report?

Implied ±9.6%, either direction.

How often does Mueller Water Products move more than the options market prices?

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

MWANYSEMiscellaneous Fabricated Metal Products

Mueller Water Products, Inc. (MWA) earnings date, market-implied expected move, and options open interest by expiry

23.62

Pre-market15:59 ETdelayed

Open23.92Volume1.7MMkt cap$3.7BP/E16.64EPS1.42Div yield1.19%

Day23.62 – 24.100%52-wk20.90 – 30.8427%

MWA

Mueller Water Products, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.6%implied · report alone

8Q avg ±4.9%·×1.98·rich

21.3025.84

straddle ±9.9%

spot 23.57exp Nov 20ATM strike 22.5ATM straddle 2.75IV 66%

Nov 3 closereport share · term structurethin chain

Expected move

Inputs

Next report

Nov 5

after close · in 1 day

est.Q4 FY26

Calendar

Next report

Last report

+2.57%

vs ±7.2% implied · ×0.36

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+5.67%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

423 managers

Top fund weight

0.13%

MWA weight · IWM

N-PORTJun 30 '26

5 funds

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

Mueller Water Products (MWA) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±7.9%
avg realized: ±4.9%

Nov 6 '24Nov 6 '24confirmed±5.8%▲+0.54%×0.09

Feb 4 '25Feb 4 '25confirmed±7.2%▲+16.68%×2.30

May 5 '25May 5 '25confirmed±9.1%▼−6.36%×0.70

Aug 4 '25Aug 4 '25confirmed±8.7%▲+5.26%×0.61

Nov 6 '25Nov 6 '25confirmed±7.5%▼−4.43%×0.59

Feb 4 '26Feb 4 '26confirmed±8.6%▲+1.49%×0.17

Q2 FY26May 5 '26confirmed±9.4%▼−1.49%×0.16

Q3 FY26Aug 5 '26confirmed±7.2%▲+2.57%×0.36

quarterimplied−20%0+20%realized×

Q3 FY26±7.2%▲+2.57%×0.36

Q2 FY26±9.4%▼−1.49%×0.16

Feb '26±8.6%▲+1.49%×0.17

Nov '25±7.5%▼−4.43%×0.59

Aug '25±8.7%▲+5.26%×0.61

May '25±9.1%▼−6.36%×0.70

2 older reports

Feb '25±7.2%▲+16.68%×2.30

Nov '24±5.8%▲+0.54%×0.09

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

Implied vs realized

Positioning

OI · 2 expiries · Oct 30 close

0.42OI · 2 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

141+17%Nov 2016d3380%

92+10%Feb 19107d0.382450%0.38

ExpiryPutsCallsP/C

Nov 2016d141+17%3380%0.42

Feb 19107d92+10%2450%0.38

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

Positioning

Linked exposure

scenario · straddle±9.9%

Funds 4

IWM±0.0%

UWM±0.0%

VIG±0.0%

VTI±0.0%

Dashed = straddleMethod 1 more fund Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

17.00%as filednet margin · revenue +2.99% QoQ · +4.10% YoY

Revenue

$396M+2.99% QoQ

Gross profit

$156M+7.82% QoQ

39.35% margin

Operating income

$81M+0.25% QoQ

20.36% margin

Pre-tax income

$80M+1.27% QoQ

Net income

$67M+13.87% QoQ

17.00% margin

Cost of revenue

$240M+0.08% QoQ

Operating expenses

$75M+17.32% QoQ

SG&A $64M

Other operating $11M

Other expense

$2M

Tax

$13M−36.55% QoQ

Revenue$396M+2.99%

Gross profit

$156M+7.82%

39.35% margin

Operating income

$81M+0.25%

20.36% margin

Pre-tax income

$80M+1.27%

Net income

$67M+13.87%

17.00% margin

Cost of revenue

$240M+0.08%

Operating expenses

$75M+17.32%

SG&A $64M

Other operating $11M

Other expense

$2M

Tax$13M−36.55%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.15· ±1.5% vs ±1.3% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.5%9 of 24×1.15

CPROFcorporate profits±1.3%5 of 12×0.99

NFPjobs report±1.2%4 of 10×0.87

PCEpersonal income & outlays±1.1%10 of 19×0.85

GDPgross domestic product±0.9%9 of 19×0.68

PPIproducer prices±0.9%4 of 11×0.64

CPIconsumer prices±0.8%5 of 11×0.60

Bar = avg |move| to ±2% · tick = ±1.3% avg day · ×base = |move| ÷ ±1.3% · min 6 releases

Earnings history

EPS 0.43 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Aug 5 '26 · confirmed	0.43	—
Q2 FY26	May 5 '26 · confirmed	0.38	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod