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

Implied ±70.8%, either direction.

OCGNNasdaqBiological Products, (No Diagnostic Substances)

Ocugen, Inc. (OCGN) earnings date, market-implied expected move, and options open interest by expiry

0.75

+0.03 · +4.08%

post 0.75 −0.07%

After hours16:25 ETdelayed

Open0.76Volume4.9MMkt cap$245.8MEPS-0.26

Day0.74 – 0.7844%52-wk0.69 – 2.733%

OCGN

Ocugen, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±70.8%implied · report alone

0.221.28

straddle ±76.5%

spot 0.75exp Nov 20ATM strike 0.5ATM straddle 0.67IV 724%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 4

before open · in 1 day

est.Q3 FY26

Calendar

Next report

Last report

−3.13%

vs ±22.9% implied · ×0.14

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

Largest filed tie

13F top-10 QoQ

+38.77%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

149 managers

Top fund weight

0.20%

OCGN weight · XBI

N-PORTJun 30 '26

4 funds

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

Ocugen (OCGN) is expected to report on Nov 4 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 6 '26confirmed±22.9%▼−3.13%×0.14

quarterimplied−25%0+25%realized×

Q2 FY26±22.9%▼−3.13%×0.14

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 29 close

0.11OI · 4 expiries · Oct 29 closeP/C open interest · Nov 20 · first expiry after the report

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

109−2%Nov 2017d1,009+2%

50%Dec 1845d0.022730%0.02

3,8910%Jan 1573d0.1329,5750%0.13

206+1%Apr 16164d0.082,457+2%0.08

ExpiryPutsCallsP/C

Nov 2017d109−2%1,009+2%0.11

Dec 1845d50%2730%0.02

Jan 1573d3,8910%29,5750%0.13

Apr 16164d206+1%2,457+2%0.08

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

Positioning

Linked exposure

scenario · straddle±76.5%

Funds 4

XBI±0.2%

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

−1671.84%as filednet margin · revenue −2.94% QoQ · +8.38% YoY

Revenue$1M−2.94%

Gross profit$1M100.00%−2.94%

Operating income−$16M−1105.11%+7.82%

Pre-tax income−$25M−29.72%

Net income−$25M−1671.84%−29.72%

Cost of revenue$0—

Operating expenses$18M−7.43%

Other expense−$8M−530.27%

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 · 16:15 ET

Intraday

Event sensitivity

CPI ×1.38· ±5.4% vs ±3.9% · 10 releases

eventrelease day|move|up · n×base

CPIconsumer prices±5.4%5 of 10×1.38

FOMCrate decision±4.4%13 of 24×1.13

PCEpersonal income & outlays±4.1%11 of 19×1.05

GDPgross domestic product±3.6%12 of 19×0.93

CPROFcorporate profits±3.6%5 of 12×0.92

NFPjobs report±3.6%7 of 10×0.91

PPIproducer prices±2.6%2 of 10×0.66

Bar = avg |move| to ±6% · tick = ±3.9% avg day · ×base = |move| ÷ ±3.9% · min 6 releases

Earnings history

EPS -0.07 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	-0.07	—
Q1 FY26	—	-0.06	—
Q3 FY25	—	-0.07	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod