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

Implied ±17.8%, either direction.

How often does Photronics move more than the options market prices?

4 of the last 7 reports moved at least as far as the implied move.

PLABNasdaqSemiconductors & Related Devices

Photronics Inc (PLAB) earnings date, market-implied expected move, and options open interest by expiry

27.37

−0.63 · −2.24%

post 27.37 0.00%

After hours16:00 ETdelayed

Open28.90Volume1.2MMkt cap$1.7BP/E9.67EPS2.83

Day27.28 – 28.906%52-wk20.05 – 56.0020%

PLAB

Photronics Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±17.8%implied · straddle

23.0332.97

spot 28.00exp Dec 18ATM strike 30ATM straddle 5.85IV 70%

Nov 3 close

Expected move

Inputs

Next report

Dec 9

before open · in 35 days

est.Q4 FY26

Calendar

Next report

Last report

+3.17%

shaded = implied · ▲▼ = realized

Aug 26 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+1.21%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

318 managers

Top fund weight

0.06%

PLAB weight · IWM

N-PORTJun 30 '26

3 funds

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

Photronics (PLAB) is expected to report on Dec 9 before open (estimated date).

Implied vs realized

8 reports

4 of 7≥ implied

avg implied: ±13.5%
avg realized: ±18.9%

Dec 11 '24Dec 11 '24confirmed±9.2%▲+10.82%×1.18

Feb 26 '25Feb 26 '25confirmed±11.8%▲+1.96%×0.17

May 28 '25May 28 '25confirmed±10.4%▼−15.55%×1.50

Aug 27 '25Aug 27 '25confirmed±10.9%▲+7.63%×0.70

Dec 10 '25Dec 10 '25confirmed±13.1%▲+45.39%×3.47

Q1 FY26Feb 25 '26confirmed±20.4%▲+14.69%×0.72

Q2 FY26May 28 '26confirmed±18.7%▼−36.42%×1.95

Q3 FY26Aug 26 '26confirmed—▲+3.17%—

quarterimplied−50%0+50%realized×

Q3 FY26—▲+3.17%—

Q2 FY26±18.7%−36.42%

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

Implied vs realized

Positioning

OI · 3 expiries · Nov 2 close

1.29OI · 3 expiries · Nov 2 closeP/C open interest · Dec 18 · first expiry after the report

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

569+5%Nov 2016d0.391,476+6%0.39

report · Dec 9 · before open · est.

13,557+1%Dec 1844d10,546+5%

1,020+35%Mar 19135d1.04977+2%1.04

ExpiryPutsCallsP/C

Nov 2016d569+5%1,476+6%0.39

report · Dec 9 · before open · est.

Dec 1844d13,557+1%10,546+5%1.29

Mar 19135d1,020+35%

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

Positioning

Linked exposure

scenario · straddle±17.8%

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 filedQ3 FY26

20.31%as filednet margin · revenue +2.91% QoQ · +2.69% YoY

Revenue

$216M+2.91% QoQ

Gross profit

$72M+9.09% QoQ

33.20% margin

Operating income

$46M+7.88% QoQ

21.06% margin

Pre-tax income

$55M+1.89% QoQ

Net income

$44M+1.46% QoQ

20.31% margin

Cost of revenue

$144M+0.09% QoQ

Operating expenses

$26M+11.25% QoQ

SG&A $23M

R&D $4M

Tax

$11M+3.61% QoQ

Other income

$9M−19.77% QoQ

Revenue$216M+2.91%

Gross profit

$72M+9.09%

33.20% margin

Operating income

$46M+7.88%

21.06% margin

Pre-tax income

$55M+1.89%

Net income

$44M+1.46%

20.31% margin

Cost of revenue

$144M+0.09%

Operating expenses

$26M+11.25%

SG&A $23M

R&D $4M

Other income$9M−19.77%

Tax$11M+3.61%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Aug 2 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

CPROF ×1.97· ±4.8% vs ±2.4% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±4.8%5 of 12×1.97

NFPjobs report±4.6%6 of 10×1.90

FOMCrate decision±4.6%15 of 24×1.88

PCEpersonal income & outlays±4.2%8 of 19×1.74

GDPgross domestic product±3.8%9 of 19×1.57

PPIproducer prices±2.4%4 of 10×1.00

CPIconsumer prices±2.2%6 of 10×0.92

Bar = avg |move| to ±5% · tick = ±2.4% avg day · ×base = |move| ÷ ±2.4% · min 6 releases

Earnings history

EPS 0.49 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Aug 26 '26 · confirmed	0.49	—
Q2 FY26	May 28 '26 · confirmed	0.54	—
Q1 FY26	Feb 25 '26 · confirmed	0.74	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod