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

Implied ±12.8%, either direction.

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

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

NAVINasdaqSecurity Brokers, Dealers & Flotation Companies

Navient Corp (NAVI) earnings date, market-implied expected move, and options open interest by expiry

9.08

pre 9.08 +11.55%

Pre-market16:18 ETdelayed

Open8.70Volume1.9MMkt cap$763.4MEPS-0.48Div yield7.86%

Day8.27 – 8.78100%52-wk7.06 – 12.7436%

NAVI

Navient Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±12.8%implied · straddle

7.8510.15

spot 9.00exp Nov 20ATM strike 10ATM straddle 1.35IV 56%

Nov 2 close

Expected move

Inputs

Next report

Today

after close

confirmedQ3 FY26

Calendar

Next report

Last report

−4.32%

vs ±10.4% implied · ×0.41

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

−2.93%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

254 managers

Top fund weight

0.02%

NAVI weight · IWM

N-PORTJun 30 '26

4 funds

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

Navient (NAVI) reports on Nov 4 after close (confirmed date).

Implied vs realized

8 reports

0 of 8≥ implied

avg implied: ±10.2%
avg realized: ±6.7%

Jan 29 '25Jan 29 '25confirmed±7.0%▼−3.25%×0.46

Apr 30 '25Apr 30 '25confirmed±6.2%▼−2.52%×0.41

Jul 30 '25Jul 30 '25confirmed±9.1%▼−8.05%×0.89

Q3 FY25Oct 29 '25confirmed±10.8%▼−9.81%×0.90

Jan 28 '26Jan 28 '26confirmed±19.8%▼−18.52%×0.94

Q1 FY26Apr 29 '26confirmed±11.0%▲+3.71%×0.34

Q2 FY26Aug 6 '26confirmed±10.4%▼−4.32%×0.41

quarterimplied−20%0+20%realized×

Q2 FY26±10.4%▼−4.32%×0.41

Q1 FY26±11.0%

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

0.88OI · 4 expiries · Nov 3 closeP/C open interest · Nov 20 · first expiry after the report

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

775+3%Nov 2016d879+3%

1,5910%Dec 1844d2.16735+1%2.16

2,6600%Jan 1572d2.131,2460%2.13

2690%Apr 16163d1.501790%1.50

ExpiryPutsCallsP/C

Nov 2016d775+3%879+3%0.88

Dec 1844d1,5910%735+1%2.16

Jan 1572d2,6600%1,2460%2.13

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

Positioning

Linked exposure

scenario · straddle±12.8%

Funds 4

IWM±0.0%

UWM±0.0%

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ2 FY26

16.67%as filednet margin · revenue −1.32% QoQ · −3.85% YoY

Revenue$150M−1.32%

Pre-tax income$39M+21.88%

Net income$25M16.67%+47.06%

Tax$14M−6.67%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×2.08· ±3.3% vs ±1.6% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.3%11 of 24×2.08

NFPjobs report±2.0%4 of 10×1.25

PPIproducer prices±2.0%3 of 10×1.23

GDPgross domestic product±1.7%7 of 19×1.08

CPIconsumer prices±1.6%4 of 10×0.98

PCEpersonal income & outlays±1.4%7 of 19×0.89

CPROFcorporate profits±1.1%6 of 12×0.70

Bar = avg |move| to ±4% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 0.26 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.26	—
Q1 FY26	Apr 29 '26 · confirmed	0.17	—
Q3 FY25	Oct 29 '25 · confirmed	-0.87	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod