NTRA as of Oct 31 · 00:46 ET

NTRANasdaqServices-Medical Laboratories

Natera, Inc. · Brief

Next report

5 days

Nov 5 · after closeest.Q3 FY26

Earnings

Expected move

Inputs

±9.0%implied · report alone

377.07451.53

straddle ±11.4%

spot 414.30exp Nov 20ATM strike 410ATM straddle 55.35IV 69%

Oct 30 closereport share · term structure

Expected move

Inputs

Implied vs realized

8 reportsHistory

—≥ implied

Feb 27 '25—▼−0.65%—

May 8 '25—▼−6.53%—

Aug 7 '25—▲+7.70%—

Q3 FY25—▲+0.55%—

Jan 12 '26—▲+1.04%—

Q1 FY26—▼−3.73%—

May 7 '26—▼−11.64%—

Q2 FY26±9.7%▲+21.37%×2.20

quarterimplied−25%0+25%realized×

Q2 FY26±9.7%▲+21.37%×2.20

May '26—▼−11.64%—

Q1 FY26—▼−3.73%—

Jan '26—▲+1.04%—

Q3 FY25—▲+0.55%—

Aug '25—▲+7.70%—

2 older reports

May '25—▼−6.53%—

Feb '25—▼−0.65%—

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

Bull & bear

Nov 5 report · est.

Bull2 of 4

2customers disclosing NTRA as a supplierSEC filings

14disclosed supplier and customer ties in SEC filingsSEC filings

Bear2 of 3

5 of 22of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

1.24%of ARK Innovation ETF's assets, the largest tracked-fund weightN-PORT · Jul 31 '26

AI captions · Sep 28 '26once per report · top 2 per case

Linked exposure

NTRA report session

Suppliers 2

ILMNIllumina×0.37 AMZNAmazon Web Services, or AWS×0.23

× = co-movement · max 500dSource: SEC filings · market data

Latest changes

30 daysAll changes

Oct 22impliedImplied move: ±12.2% into Nov 5 earnings (Oct 22 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.