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

Implied ±8.2%, either direction.

How often does Nuvation Bio move more than the options market prices?

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

NUVBNYSEPharmaceutical Preparations

Nuvation Bio Inc. (NUVB) earnings date, market-implied expected move, and options open interest by expiry

4.70

+0.11 · +2.29%

post 4.70 0.00%

After hours16:00 ETdelayed

Open4.81Volume3.7MMkt cap$1.6BEPS-0.43

Day4.58 – 4.8150%52-wk3.92 – 9.7513%

NUVB

Nuvation Bio Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±8.2%implied · report alone

8Q avg ±9.4%·×0.87·fair

4.315.07

straddle ±14.0%

spot 4.69exp Nov 20ATM strike 5ATM straddle 0.77IV 87%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 4

after close · in 1 day

confirmedQ3 FY26

Calendar

Next report

Last report

−4.08%

vs ±19.6% implied · ×0.21

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

13F top-10 QoQ

+6.80%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

242 managers

Top fund weight

0.04%

NUVB weight · IWM

N-PORTJun 30 '26

3 funds

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

Nuvation Bio (NUVB) reports on Nov 4 after close (confirmed date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±27.8%
avg realized: ±9.4%

Mar 6 '25Mar 6 '25confirmed±57.6%▲+6.88%×0.12

May 7 '25May 7 '25confirmed±58.4%▲+2.94%×0.05

Aug 7 '25Aug 7 '25confirmed±17.0%▼−0.43%×0.03

Nov 3 '25Nov 3 '25confirmed±20.2%▼−6.58%×0.33

Jan 12 '26Jan 12 '26confirmed±11.0%▼−19.65%×1.78

Q1 FY26Mar 2 '26confirmed±23.9%▼−25.34%×1.06

May 4 '26May 4 '26confirmed±14.9%▲+9.52%×0.64

Q2 FY26Aug 6 '26confirmed±19.6%▼−4.08%×0.21

quarterimplied−60%0+60%realized×

Q2 FY26±19.6%▼−4.08%×0.21

May '26±14.9%▲+9.52%×0.64

Q1 FY26±23.9%▼−25.34%×1.06

Jan '26±11.0%▼−19.65%×1.78

Nov '25±20.2%▼−6.58%×0.33

Aug '25±17.0%▼−0.43%×0.03

2 older reports

May '25±58.4%▲+2.94%×0.05

Mar '25±57.6%▲+6.88%×0.12

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

1.22OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

4,7810%Nov 2017d3,917+15%

1,1180%Dec 1845d0.402,815+24%0.40

3,1850%Jan 1573d0.664,804−2%0.66

154+1%Mar 19136d0.26603+4%0.26

ExpiryPutsCallsP/C

Nov 2017d4,7810%3,917+15%1.22

Dec 1845d1,1180%2,815+24%0.40

Jan 1573d3,1850%4,804−2%0.66

Mar 19136d154+1%603+4%0.26

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

Positioning

Linked exposure

scenario · straddle±14.0%

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

−198.31%as filednet margin · revenue −61.93% QoQ · +555.64% YoY

Revenue$32M−61.93%

Gross profit$32M100.00%−61.93%

Operating income−$51M−161.06%−1415.02%

Pre-tax income−$63M−1264.35%

Net income−$63M−198.31%−1264.35%

Cost of revenue$0—

Operating expenses$83M+4.25%

Tax$0—

Other expense−$12M−878.63%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.17· ±4.1% vs ±3.5% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±4.1%9 of 24×1.17

NFPjobs report±3.6%6 of 10×1.02

CPROFcorporate profits±3.1%4 of 12×0.88

PCEpersonal income & outlays±2.8%8 of 19×0.81

PPIproducer prices±2.7%3 of 10×0.77

GDPgross domestic product±2.5%7 of 19×0.72

CPIconsumer prices±2.5%5 of 10×0.72

Bar = avg |move| to ±5% · tick = ±3.5% avg day · ×base = |move| ÷ ±3.5% · min 6 releases

Earnings history

EPS -0.18 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	-0.18	—
Q1 FY26	Mar 2 '26 · confirmed	0.01	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod