What move does the options market price into Blue OWL Capital's report?

Implied ±16.7%, either direction · provisional.

OWLNYSEInvestment Advice

Blue OWL Capital Inc. (OWL) earnings date, market-implied expected move, and options open interest by expiry

10.29

Closed18:59 ET

Open10.28Volume29.3MMkt cap$16.2BP/E171.15Div yield8.81%

Day10.14 – 10.5141%52-wk7.62 – 15.9832%

OWL

Blue OWL Capital Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±16.7%implied · straddle

8.6112.05

spot 10.33exp Feb 19ATM strike 10ATM straddle 2.03IV 46%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Feb 4

before open · in 96 days

est.Q4 FY26

Calendar

Next report

Last report

+7.65%

vs ±5.5% implied · ×1.39

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

13F top-10 QoQ

−9.48%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

587 managers

Top fund weight

0.01%

OWL weight · VTI

N-PORTJun 30 '26

2 funds

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

Blue OWL Capital (OWL) is expected to report on Feb 4 before open (estimated date).

Implied vs realized

8 reports

—≥ implied

Feb 6 '25Feb 6 '25confirmed—▼−0.72%—

May 1 '25May 1 '25confirmed—▼−3.35%—

Jul 31 '25Jul 31 '25confirmed—▼−0.82%—

Oct 30 '25Oct 30 '25confirmed—▼−4.23%—

Feb 5 '26Feb 5 '26confirmed—▼−3.57%—

Q1 FY26Apr 30 '26confirmed—▲+9.80%—

Q2 FY26Jul 30 '26confirmed—▲+6.39%—

Q3 FY26Oct 29 '26confirmed±5.5%▲+7.65%×1.39

quarterimplied−10%0+10%realized×

Q3 FY26±5.5%▲+7.65%×1.39

Q2 FY26—▲+6.39%

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

Implied vs realized

Positioning

OI · 7 expiries · Oct 28 close

1.40OI · 7 expiries · Oct 28 closeP/C open interest · Feb 19 · first expiry after the report

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

4 nearer expiries

1,118+10%Nov 66d0.373,054+9%0.37

1,227+6%Nov 1313d1.80681+3%1.80

174,9910%Nov 2020d7.2224,2310%7.22

141+3%Nov 2727d0.42332+4%0.42

20,6290%Dec 1848d0.6034,5800%0.60

123,0970%Jan 1576d1.7271,458+1%1.72

report · Feb 4 · before open · est.

ExpiryPutsCallsP/C

4 nearer expiries

Nov 66d1,118+10%3,054+9%0.37

Nov 1313d1,227+6%681+3%1.80

Nov 2020d174,9910%24,231

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

Positioning

Linked exposure

scenario · straddle±16.7%

Funds 2

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

9.95%as filednet margin · revenue +7.10% QoQ · +10.79% YoY

Revenue

$807M+7.10% QoQ

Gross profit

$419M+6.37% QoQ

51.92% margin

Operating income

$148M+26.93% QoQ

18.32% margin

Pre-tax income

$94M+32.85% QoQ

Net income

$80M+32.24% QoQ

9.95% margin

Cost of revenue

$388M+7.90% QoQ

Operating expenses

$271M−2.26% QoQ

SG&A $185M

Other operating $86M

Other expense

$54M

Tax

$14M+36.40% QoQ

Revenue$807M+7.10%

Gross profit

$419M+6.37%

51.92% margin

Operating income

$148M+26.93%

18.32% margin

Pre-tax income

$94M+32.85%

Net income

$80M+32.24%

9.95% margin

Cost of revenue

$388M+7.90%

Operating expenses

$271M−2.26%

SG&A $185M

Other operating $86M

Other expense

$54M

Tax$14M+36.40%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 18:45 ET

Intraday

Event sensitivity

PPI ×1.72· ±3.2% vs ±1.9% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±3.2%5 of 10×1.72

NFPjobs report±2.6%5 of 10×1.39

GDPgross domestic product±2.0%9 of 19×1.09

PCEpersonal income & outlays±2.0%10 of 19×1.07

CPIconsumer prices±1.8%3 of 10×0.96

FOMCrate decision±1.6%10 of 24×0.84

CPROFcorporate profits±1.0%5 of 12×0.51

Bar = avg |move| to ±4% · tick = ±1.9% avg day · ×base = |move| ÷ ±1.9% · min 6 releases

Earnings history

EPS 0.03 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 29 '26 · confirmed	0.03	—
Q2 FY26	Jul 30 '26 · confirmed	0.02	—
Q1 FY26	Apr 30 '26 · confirmed	0.02	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod