How often does Rayonier Advanced Materials move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

RYAMNYSEPulp Mills

Rayonier Advanced Materials Inc. (RYAM) earnings date, market-implied expected move, and options open interest by expiry

6.94

+0.27 · +3.98%

post 6.89 −0.66%

After hours16:56 ETdelayed

Open6.71Volume778,656Mkt cap$451.2MEPS-2.11

Day6.55 – 6.9390%52-wk5.38 – 11.8523%

RYAM

Rayonier Advanced Materials Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Mar 2

after close · in 119 days

est.Q4 FY26

Calendar

Next report

Last report

Nov 3

after close

confirmedNov 2 close

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

−3.12%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

187 managers

Top fund weight

0.02%

RYAM weight · IWM

N-PORTJun 30 '26

3 funds

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

Rayonier Advanced Materials (RYAM) is expected to report on Mar 2 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±13.5%
avg realized: ±8.4%

Feb 3 '25Feb 3 '25confirmed±9.1%▼−0.65%×0.07

Mar 5 '25Mar 5 '25confirmed±15.9%▼−17.62%×1.11

May 6 '25May 6 '25confirmed±7.6%▼−6.64%×0.87

Aug 5 '25Aug 5 '25confirmed±12.5%▲+0.78%×0.06

Nov 4 '25Nov 4 '25confirmed±17.5%▼−8.88%×0.51

Q1 FY26Mar 3 '26confirmed±14.5%▲+16.54%×1.14

May 5 '26May 5 '26confirmed±17.7%▲+5.71%×0.32

Q2 FY26Aug 4 '26confirmed±13.3%▲+10.39%×0.78

quarterimplied−20%0+20%realized×

Q2 FY26±13.3%▲+10.39%×0.78

May '26±17.7%

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

Implied vs realized

Positioning

OI · 4 expiries · Nov 2 close

0.30OI · 4 expiries · Nov 2 closeP/C open interest · Nov 20 · nearest expiry

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

1,5070%Nov 2017d5,0340%

4400%Dec 1845d0.076,2640%0.07

5,0180%Jan 1573d15.493240%15.49

1920%Feb 19108d0.054,1470%0.05

ExpiryPutsCallsP/C

Nov 2017d1,5070%5,0340%0.30

Dec 1845d4400%6,2640%0.07

Jan 1573d5,0180%3240%15.49

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

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

−8.69%as filednet margin · revenue +17.89% QoQ · +10.61% YoY

Revenue$376M+17.89%

Gross profit$23M6.10%+402.19%

Operating income−$6M−1.69%+90.29%

Pre-tax income−$30M+65.96%

Net income−$33M−8.69%+59.90%

Cost of revenue$353M+8.12%

Operating expenses$29M−49.26%

Tax$2M+130.94%

Other expense−$24M−3.02%

Source: SEC filings · standardized · QE Jun 27 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:45 ET

Intraday

Event sensitivity

FOMC ×1.16· ±3.0% vs ±2.6% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.0%13 of 24×1.16

PPIproducer prices±2.6%6 of 10×1.01

NFPjobs report±2.6%2 of 10×1.00

CPIconsumer prices±2.0%5 of 10×0.75

GDPgross domestic product±1.8%7 of 19×0.68

PCEpersonal income & outlays±1.8%6 of 19×0.67

CPROFcorporate profits±1.6%5 of 12×0.61

Bar = avg |move| to ±4% · tick = ±2.6% avg day · ×base = |move| ÷ ±2.6% · min 6 releases

Earnings history

EPS -0.49 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 4 '26 · confirmed	-0.49	—
Q1 FY26	Mar 3 '26 · confirmed	-1.22	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod