What move does the options market price into Nexpoint Diversified Real Estate Trust's report?

Implied ±20.2%, either direction.

NXDTNYSEReal Estate Investment Trusts

Nexpoint Diversified Real Estate Trust (NXDT) earnings date, market-implied expected move, and options open interest by expiry

3.73

−0.37 · −8.97%

Regular session14:40 ET

Open4.03Volume278,153Mkt cap$210.3MEPS-1.48Div yield12.12%

Day3.73 – 4.030%52-wk2.34 – 5.9239%

NXDT

Nexpoint Diversified Real Estate Trust

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±20.2%implied · straddle

3.274.93

spot 4.10exp Nov 20ATM strike 5ATM straddle 0.98IV 50%

Nov 2 close

Expected move

Inputs

Next report

Nov 12

in 9 days

est.Q3 FY26

Calendar

Next report

Last report

+4.61%

shaded = implied · ▲▼ = realized

Aug 10 '22 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

13F top-10 QoQ

+5.37%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

121 managers

Top fund weight

0.01%

NXDT weight · IWM

N-PORTJun 30 '26

3 funds

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

Nexpoint Diversified Real Estate Trust (NXDT) is expected to report on Nov 12 (estimated date).

Implied vs realized

1 report

—≥ implied

Aug 10 '22Aug 10 '22confirmed—▲+4.61%—

quarterimplied−5%0+5%realized×

Aug '22—▲+4.61%—

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

Implied vs realized

Positioning

OI · 2 expiries · Oct 30 close

0.04OI · 2 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

31−6%Nov 2017d853−19%

0—Feb 19108d0.002,935+2%0.00

ExpiryPutsCallsP/C

Nov 2017d31−6%853−19%0.04

Feb 19108d0—2,935+2%0.00

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

Positioning

Linked exposure

scenario · straddle±20.2%

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

10.47%as filednet margin · revenue −14.82% QoQ · −7.36% YoY

Revenue

$19M−14.82% QoQ

Gross profit

$19M−14.82% QoQ

100.00% margin

Operating income

$2M−38.72% QoQ

10.86% margin

Pre-tax income

$2M+111.86% QoQ

Net income

$2M+109.60% QoQ

10.47% margin

Operating expenses

$17M−11.33% QoQ

Other operating $11M

Depreciation $3M

SG&A $3M

Tax

$374,000−58.86% QoQ

Other income

$151,000+100.63% QoQ

Revenue$19M−14.82%

Gross profit

$19M−14.82%

100.00% margin

Operating income

$2M−38.72%

10.86% margin

Pre-tax income

$2M+111.86%

Net income

$2M+109.60%

10.47% margin

Cost of revenue

Operating expenses

$17M−11.33%

Other operating $11M

Depreciation $3M

SG&A $3M

Other income$151,000+100.63%

Tax$374,000−58.86%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 14:30 ET

Intraday

Event sensitivity

CPI ×1.25· ±3.1% vs ±2.5% · 10 releases

eventrelease day|move|up · n×base

CPIconsumer prices±3.1%4 of 10×1.25

PPIproducer prices±2.7%4 of 10×1.09

PCEpersonal income & outlays±2.6%10 of 19×1.06

CPROFcorporate profits±2.6%8 of 12×1.05

GDPgross domestic product±2.5%9 of 19×1.00

FOMCrate decision±2.4%8 of 24×0.98

NFPjobs report±2.2%8 of 10×0.90

Bar = avg |move| to ±4% · tick = ±2.5% avg day · ×base = |move| ÷ ±2.5% · min 6 releases

Earnings history

EPS 0.00 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	—	0.00	—
Q1 FY26	—	-0.46	—
Q3 FY25	—	-0.29	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod