Nebius Group N.V. · Brief

Next report

10 days

Nov 11 · before openest.

Expected move

±9.4%implied · report alone

139.60168.68

straddle ±15.9%

spot 154.14exp Nov 13ATM strike 155ATM straddle 28.78IV 119%

Oct 30 closereport share · term structure

Expected move

5 reportsHistory

—≥ implied

Aug 7 '25—▲+18.55%—

Nov 12 '25—▼−7.69%—

Feb 12 '26—▲+1.26%—

May 13 '26—▲+15.72%—

Aug 12 '26±11.1%▲+34.14%×3.07

quarterimplied−35%0+35%realized×

Aug '26±11.1%▲+34.14%×3.07

May '26—▲+15.72%—

Feb '26—▲+1.26%—

Nov '25—▼−7.69%—

Aug '25—▲+18.55%—

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

Nov 11 report · est.

Bull2

1,086managers reporting a position in the latest quarterly filings13F · Jun 30 '26

+73.38%largest reporting managers increased shares held over the latest quarter13F · Jun 30 '26

Bear2

3 of 21largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

13disclosed supplier and customer ties in SEC filingsSEC filings

AI captions · Oct 26 '26once per report · top 2 per case

NBIS report session

Suppliers 1

× = co-movement · max 501dSource: SEC filings · market data

Oct 28impliedImplied move: ±14.8% into Nov 11 earnings (Oct 28 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.