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

Implied ±8.5%, either direction.

NRGVNYSEMiscellaneous Electrical Machinery, Equipment & Supplies

Energy Vault Holdings, Inc. (NRGV) earnings date, market-implied expected move, and options open interest by expiry

3.08

Closed16:01 ET

Open3.15Volume4.7MMkt cap$561.9MEPS-0.66

Day2.93 – 3.1569%52-wk2.46 – 6.6515%

NRGV

Energy Vault Holdings, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±8.5%implied · report alone

2.833.35

straddle ±19.3%

spot 3.09exp Nov 20ATM strike 3ATM straddle 0.70IV 120%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 9

after close · in 9 days

est.Q3 FY26

Calendar

Next report

Last report

+9.50%

vs ±20.8% implied · ×0.46

shaded = implied · ▲▼ = realized

Aug 11 '26 · confirmed

Implied vs realized

Largest filed tie

56.00%

of NRGV revenue · Undisclosed customer (56% of total revenue, year ended December 31, 2025)

customerNRGV 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+30.86%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

174 managers

Top fund weight

0.02%

NRGV weight · IWM

N-PORTJun 30 '26

3 funds

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

Energy Vault (NRGV) is expected to report on Nov 9 after close (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 11 '26confirmed±20.8%▲+9.50%×0.46

quarterimplied−25%0+25%realized×

Q2 FY26±20.8%▲+9.50%×0.46

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 20 close

0.39OI · 4 expiries · Oct 20 closeP/C open interest · Nov 20 · first expiry after the report

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

22,1980%Nov 2020d57,073+11%

3+200%Dec 1848d0.1225+733%0.12

1,0940%Jan 1576d0.0196,074+3%0.01

1,558+343%Feb 19111d0.0721,913+1%0.07

ExpiryPutsCallsP/C

Nov 2020d22,1980%57,073+11%0.39

Dec 1848d3+200%25+733%0.12

Jan 1576d1,0940%96,074+3%0.01

Feb 19111d1,558+343%21,913+1%0.07

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

Positioning

Linked exposure

scenario · straddle±19.3%

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 filedQ2 FY26

−170.95%as filednet margin · revenue −20.61% QoQ · +104.05% YoY

Revenue$17M−20.61%

Gross profit$5M30.95%+12.28%

Operating income−$25M−141.97%−1.89%

Pre-tax income−$29M+11.23%

Net income−$30M−170.95%+8.60%

Cost of revenue$12M−29.83%

Operating expenses$30M+3.61%

Tax$855,000+85400.00%

Other expense−$4M+49.56%

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 · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

NFP ×1.33· ±6.9% vs ±5.2% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±6.9%6 of 10×1.33

GDPgross domestic product±6.2%11 of 19×1.19

PPIproducer prices±6.0%6 of 11×1.16

CPROFcorporate profits±5.7%7 of 12×1.10

PCEpersonal income & outlays±5.6%10 of 19×1.08

CPIconsumer prices±5.0%8 of 11×0.97

FOMCrate decision±5.0%11 of 24×0.96

Bar = avg |move| to ±7% · tick = ±5.2% avg day · ×base = |move| ÷ ±5.2% · min 6 releases

Earnings history

EPS -0.18 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 11 '26 · confirmed	-0.18	—
Q1 FY26	—	-0.20	—
Q3 FY25	—	-0.16	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod