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

Implied ±15.9%, either direction · provisional.

How often does Nabors Industries move more than the options market prices?

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

NBRNYSEDrilling Oil & Gas Wells

Nabors Industries Ltd (NBR) earnings date, market-implied expected move, and options open interest by expiry

76.18

−5.04 · −6.21%

post 74.16 −2.65%

Closed16:00 ET

Open81.18Volume403,132Mkt cap$1.3BEPS-3.96

Day74.16 – 81.180%52-wk44.04 – 112.9044%

NBR

Nabors Industries Ltd

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±15.9%implied · straddle

63.9388.07

spot 76.00exp Jan 15ATM strike 75ATM straddle 14.20IV 53%

Nov 4 closeprovisional

Expected move

Inputs

Next report

Jan 14

after close · in 71 days

est.Q4 FY26

Calendar

Next report

Last report

+10.51%

vs ±11.5% implied · ×0.91

shaded = implied · ▲▼ = realized

Oct 27 '26 · confirmed

Implied vs realized

Largest filed tie

30.00%

of NBR revenue · Saudi Aramco

customerNBR 10-K

Largest filed tie

13F top-10 QoQ

+3.85%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

245 managers

Top fund weight

0.04%

NBR weight · IWM

N-PORTJun 30 '26

3 funds

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

Nabors Industries (NBR) is expected to report on Jan 14 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±11.0%
avg realized: ±7.0%

Apr 29 '25Apr 29 '25confirmed±14.9%▼−7.00%×0.47

Jul 29 '25Jul 29 '25confirmed±12.8%▲+2.21%×0.17

Oct 28 '25Oct 28 '25confirmed±13.3%▲+10.20%×0.77

Jan 15 '26Jan 15 '26confirmed±5.6%▲+0.29%×0.05

Feb 11 '26Feb 11 '26confirmed±7.6%▼−9.88%×1.30

Q1 FY26Apr 28 '26confirmed±10.6%▲+11.28%×1.07

Q2 FY26Jul 28 '26confirmed±11.9%▲+4.79%×0.40

Q3 FY26Oct 27 '26confirmed±11.5%▲+10.51%×0.91

quarterimplied−15%0+15%realized×

Q3 FY26±11.5%▲+10.51%×0.91

Q2 FY26±11.9%▲+4.79%×0.40

Q1 FY26±10.6%▲+11.28%×1.07

Feb '26±7.6%▼−9.88%×1.30

Jan '26±5.6%▲+0.29%×0.05

Oct '25±13.3%▲+10.20%×0.77

2 older reports

Jul '25±12.8%▲+2.21%×0.17

Apr '25±14.9%▼−7.00%×0.47

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

2.18OI · 4 expiries · Nov 3 closeP/C open interest · Jan 15 · first expiry after the report

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

50+11%Nov 2016d0.18284+38%0.18

3210%Dec 1844d3.3197+3133%3.31

report · Jan 14 · after close · est.

7,0450%Jan 1572d3,2330%

4620%Apr 16163d11.0042+20%11.00

ExpiryPutsCallsP/C

Nov 2016d50+11%284+38%0.18

Dec 1844d3210%97+3133%3.31

report · Jan 14 · after close · est.

Jan 1572d7,0450%3,2330%2.18

Apr 16163d4620%42+20%11.00

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

Positioning

Linked exposure

scenario · straddle±15.9%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

1.82%as filednet margin · revenue +7.27% QoQ · +6.16% YoY

Revenue

$876M+7.27% QoQ

Gross profit

$876M+7.27% QoQ

100.00% margin

Operating income

$36M+144.77% QoQ

4.16% margin

Pre-tax income

$36M+144.77% QoQ

Net income

$16M+1149.51% QoQ

1.82% margin

Operating expenses

$840M+4.72% QoQ

Other operating $590M

Depreciation $160M

SG&A $77M

Other operating $13M

Tax

$20M+24.61% QoQ

Revenue$876M+7.27%

Gross profit

$876M+7.27%

100.00% margin

Operating income

$36M+144.77%

4.16% margin

Pre-tax income

$36M+144.77%

Net income

$16M+1149.51%

1.82% margin

Cost of revenue

Operating expenses

$840M+4.72%

Other operating $590M

Depreciation $160M

SG&A $77M

Tax$20M+24.61%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.25· ±3.7% vs ±2.9% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.7%10 of 24×1.25

CPIconsumer prices±2.6%6 of 11×0.90

NFPjobs report±2.4%4 of 10×0.82

PCEpersonal income & outlays±2.3%10 of 20×0.80

GDPgross domestic product±2.2%10 of 20×0.76

CPROFcorporate profits±2.0%6 of 12×0.67

PPIproducer prices±1.6%4 of 11×0.54

Bar = avg |move| to ±4% · tick = ±2.9% avg day · ×base = |move| ÷ ±2.9% · min 6 releases

Earnings history

EPS -1.24 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 27 '26 · confirmed	-1.24	—
Q2 FY26	Jul 28 '26 · confirmed	-2.04	—
Q1 FY26	Apr 28 '26 · confirmed	-1.54	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod