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

Implied ±4.2%, either direction.

OTEXNasdaqServices-Computer Integrated Systems Design

Open Text Corp (OTEX) earnings date, market-implied expected move, and options open interest by expiry

26.60

Closed16:00 ET

Open27.07Volume1.8MMkt cap$6.4BP/E10.31EPS2.58Div yield4.16%

Day26.47 – 27.1420%52-wk19.54 – 37.5439%

OTEX

Open Text Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±4.2%implied · report alone

25.4627.72

straddle ±9.2%

spot 26.59exp Nov 20ATM strike 27.5ATM straddle 2.87IV 54%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 4

after close · in 3 days

est.Q1 FY27

Calendar

Next report

Last report

+0.04%

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Linked news

1hGOOGL · supplierWhy AI is boosting Meta's ad business while hurting Google search
1dMSFT · supplierMicrosoft is winning the cloud wars and becoming Wall Street’s new golden child
1dAMZN · supplierAmazon falls 2%, Intel dives 29%, as tech stocks sell off in post-earnings rout

News

Largest filed tie

13F top-10 QoQ

+8.65%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

269 managers

Top fund weight

0.01%

OTEX weight · VT

N-PORTJul 31 '26

1 fund

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

Open Text (OTEX) is expected to report on Nov 4 after close (estimated date).

Implied vs realized

1 report

—≥ implied

Q4 FY26Aug 6 '26confirmed—▲+0.04%—

quarterimplied−5%0+5%realized×

Q4 FY26—▲+0.04%—

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

Implied vs realized

Positioning

OI · 3 expiries · Oct 23 close

0.50OI · 3 expiries · Oct 23 closeP/C open interest · Nov 20 · first expiry after the report

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

8950%Nov 2019d1,800+1%

868+6%Dec 1847d0.362,443+2%0.36

177−2%Feb 19110d0.54327+8%0.54

ExpiryPutsCallsP/C

Nov 2019d8950%1,800+1%0.50

Dec 1847d868+6%2,443+2%0.36

Feb 19110d177−2%327+8%0.54

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

Positioning

Linked exposure

scenario · straddle±9.2%

Funds 1

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

derived from FYQ4 FY26

11.54%derived from FYnet margin · revenue +5.19% QoQ · +2.94% YoY

Revenue

$1.3B+5.19% QoQ

Gross profit

$1.0B+7.92% QoQ

74.98% margin

Operating income

$320M+58.88% QoQ

23.70% margin

Pre-tax income

$251M+21.01% QoQ

Net income

$156M−9.86% QoQ

11.54% margin

Cost of revenue

$338M−2.22% QoQ

Operating expenses

$692M−6.01% QoQ

Marketing $308M

R&D $149M

SG&A $112M

Other operating $122M

Other expense

$69M

Tax

$95M+176.53% QoQ

Revenue$1.3B+5.19%

Gross profit

$1.0B+7.92%

74.98% margin

Operating income

$320M+58.88%

23.70% margin

Pre-tax income

$251M+21.01%

Net income

$156M−9.86%

11.54% margin

Cost of revenue

$338M−2.22%

Operating expenses

$692M−6.01%

Marketing $308M

R&D $149M

SG&A $112M

Other expense

$69M

Tax$95M+176.53%

flow · deduction · signed % = QoQDerived: FY − Q1–Q3 · QE Jun 30 '26 · width = $

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 ×1.39· ±2.1% vs ±1.5% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.1%4 of 10×1.39

PPIproducer prices±2.1%5 of 11×1.39

CPIconsumer prices±1.9%5 of 11×1.29

FOMCrate decision±1.6%14 of 24×1.04

CPROFcorporate profits±1.3%5 of 12×0.85

GDPgross domestic product±1.2%8 of 19×0.78

PCEpersonal income & outlays±1.0%10 of 19×0.70

Bar = avg |move| to ±3% · tick = ±1.5% avg day · ×base = |move| ÷ ±1.5% · min 6 releases

Earnings history

EPS 0.64 · consensus —

Quarter	Reported	EPS	Consensus
Q4 FY26	Aug 6 '26 · confirmed	0.64	—
Q3 FY26	—	0.70	—
Q2 FY26	—	0.66	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod