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

Implied ±3.8%, either direction.

OVVNYSECrude Petroleum & Natural Gas

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

72.62

Closed16:00 ET

Open71.75Volume2.5MMkt cap$20.0BP/E20.57EPS3.53Div yield1.65%

Day71.75 – 72.62100%52-wk34.67 – 73.6297%

OVV

Ovintiv Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±3.8%implied · report alone

8Q avg ±2.6%·×1.48·rich

69.8675.38

straddle ±7.5%

spot 72.62exp Nov 20ATM strike 75ATM straddle 6.45IV 44%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 3

after close · in 1 day

confirmedQ3 FY26

Calendar

Next report

Last report

+2.83%

shaded = implied · ▲▼ = realized

Jul 23 '26 · confirmed

Implied vs realized

Linked news

3dCUZ · supplierCousins Properties posts Q3 net income available to common stockholders $17,000 thousand, EPS $0.10
45dEPM · customerEvolution Petroleum’s (EPM) Big Rebound Comes With One Familiar Catch

News

Largest filed tie

13F top-10 QoQ

+14.17%

shares held · 10 largest managers

13F · Jun 30 '26125d lag

599 managers

Top fund weight

0.40%

OVV weight · MDY

N-PORTJun 30 '26

3 funds

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

Ovintiv (OVV) reports on Nov 3 after close (confirmed date).

Implied vs realized

8 reports

—≥ implied

Nov 7 '24Nov 7 '24confirmed—▲+3.90%—

Feb 26 '25Feb 26 '25confirmed—▲+3.03%—

May 6 '25May 6 '25confirmed—▼−2.28%—

Jul 24 '25Jul 24 '25confirmed—▲+3.60%—

Nov 4 '25Nov 4 '25confirmed—▼−1.74%—

Q1 FY26Feb 23 '26confirmed—▼−1.46%—

May 11 '26May 11 '26confirmed—▼−1.69%—

Q2 FY26Jul 23 '26confirmed—▲+2.83%—

quarterimplied−5%0+5%realized×

Q2 FY26—▲+2.83%—

May '26—▼−1.69%

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

Implied vs realized

Positioning

OI · 5 expiries · Oct 30 close

0.15OI · 5 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

713+6%Nov 2018d4,734+1%

46+2%Dec 1846d0.21220+1%0.21

3,5190%Jan 1574d0.556,3470%0.55

288+2%Mar 19137d0.39736+1%0.39

3010%Apr 16165d0.63481+2%0.63

ExpiryPutsCallsP/C

Nov 2018d713+6%4,734+1%0.15

Dec 1846d46+2%220+1%0.21

Jan 1574d3,5190%6,3470%0.55

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

Positioning

Linked exposure

scenario · straddle±7.5%

Funds 3

MDY±0.0%

VTI±0.0%

VT±0.0%

Customers 1

EPM±3.8%×0.50

Dashed = straddle · × = co-movement · max 500dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

15.13%as filednet margin · revenue +19.00% QoQ · +29.98% YoY

Revenue

$3.0B+19.00% QoQ

Gross profit

$1.7B+0.58% QoQ

57.32% margin

Operating income

$994M+231.83% QoQ

32.99% margin

Pre-tax income

$539M+165.18% QoQ

Net income

$456M+172.38% QoQ

15.13% margin

Cost of revenue

$1.3B+57.79% QoQ

Operating expenses

$733M−70.34% QoQ

Depreciation $519M

SG&A $126M

Other operating $88M

Other expense

$455M

Tax

$83M+142.13% QoQ

Revenue$3.0B+19.00%

Gross profit

$1.7B+0.58%

57.32% margin

Operating income

$994M+231.83%

32.99% margin

Pre-tax income

$539M+165.18%

Net income

$456M+172.38%

15.13% margin

Cost of revenue

$1.3B+57.79%

Operating expenses

$733M−70.34%

Depreciation $519M

SG&A $126M

Other operating $88M

Other expense

$455M

Tax$83M+142.13%

flow · deduction · signed % = QoQSource: SEC filings · standardized · 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 ×1.08· ±1.9% vs ±1.7% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±1.9%3 of 10×1.08

CPIconsumer prices±1.7%4 of 10×1.02

FOMCrate decision±1.7%12 of 24×0.98

PPIproducer prices±1.4%3 of 10×0.80

PCEpersonal income & outlays±1.2%9 of 19×0.72

GDPgross domestic product±1.1%11 of 19×0.62

CPROFcorporate profits±0.9%7 of 12×0.51

Bar = avg |move| to ±2% · tick = ±1.7% avg day · ×base = |move| ÷ ±1.7% · min 6 releases

Earnings history

EPS 1.62 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 23 '26 · confirmed	1.62	—
Q1 FY26	Feb 23 '26 · confirmed	-2.35	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod