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

Implied ±4.1%, either direction.

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

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

SOLVNYSESurgical & Medical Instruments & Apparatus

Solventum Corp (SOLV) earnings date, market-implied expected move, and options open interest by expiry

84.71

+3.38 · +4.16%

post 84.71 0.00%

Closed16:00 ET

Open84.25Volume1.1MMkt cap$13.8BP/E10.29EPS8.23

Day84.04 – 84.71100%52-wk62.38 – 94.1670%

SOLV

Solventum Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±4.1%implied · report alone

8Q avg ±4.3%·×0.93·fair

81.3288.18

straddle ±6.3%

spot 84.75exp Nov 20ATM strike 85ATM straddle 6.32IV 42%

Nov 2 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

after close · in 3 days

confirmedQ3 FY26

Calendar

Next report

Last report

−5.16%

vs ±6.4% implied · ×0.80

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Linked news

12dMMM · supplier3M and AWS collaborate to advance optical connectivity innovation

News

Largest filed tie

13F top-10 QoQ

−0.84%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

883 managers

Top fund weight

0.20%

SOLV weight · RSP

N-PORTJul 31 '26

8 funds

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

Solventum (SOLV) reports on Nov 5 after close (confirmed date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±7.1%
avg realized: ±4.3%

Nov 7 '24Nov 7 '24confirmed±7.6%▼−3.52%×0.46

Feb 27 '25Feb 27 '25confirmed±7.2%▼−4.42%×0.61

May 8 '25May 8 '25confirmed±8.3%▲+5.40%×0.65

Aug 7 '25Aug 7 '25confirmed±6.5%▲+2.00%×0.31

Q3 FY25Nov 6 '25confirmed±6.4%▲+7.91%×1.23

Q1 FY26Feb 26 '26confirmed±8.3%▼−3.56%×0.43

May 5 '26May 5 '26confirmed±5.8%▲+2.82%×0.49

Q2 FY26Aug 5 '26confirmed±6.4%▼−5.16%×0.80

quarterimplied−10%0+10%realized×

Q2 FY26±6.4%▼−5.16%×0.80

May '26±5.8%

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

0.34OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

1,2950%Nov 2018d3,8110%

20%Dec 1846d0.0452+4%0.04

2500%Jan 1574d0.073,7190%0.07

540%Apr 16165d0.18292+2%0.18

ExpiryPutsCallsP/C

Nov 2018d1,2950%3,8110%0.34

Dec 1846d20%52+4%0.04

Jan 1574d2500%3,7190%0.07

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

Positioning

Linked exposure

scenario · straddle±6.3%

Funds 4

RSP±0.0%

XLV±0.0%

SPY±0.0%

VOO±0.0%

Suppliers 1

MMM±2.4%×0.37

Dashed = straddle · × = co-movement · max 499dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

4.16%as filednet margin · revenue +10.06% QoQ · +2.22% YoY

Revenue

$2.2B+10.06% QoQ

Gross profit

$1.3B+17.23% QoQ

58.22% margin

Operating income

$181M+123.46% QoQ

8.19% margin

Pre-tax income

$108M+575.00% QoQ

Net income

$92M+607.69% QoQ

4.16% margin

Cost of revenue

$923M+1.32% QoQ

Operating expenses

$1.1B+8.76% QoQ

SG&A $927M

R&D $178M

Other expense

$73M

Tax

$15M+400.00% QoQ

Revenue$2.2B+10.06%

Gross profit

$1.3B+17.23%

58.22% margin

Operating income

$181M+123.46%

8.19% margin

Pre-tax income

$108M+575.00%

Net income

$92M+607.69%

4.16% margin

Cost of revenue

$923M+1.32%

Operating expenses

$1.1B+8.76%

SG&A $927M

R&D $178M

Other expense

$73M

Tax$15M+400.00%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mVolume ×0.48 · 20d avgSource: market data · 16:00 ET

Intraday

Event sensitivity

PPI ×1.29· ±1.9% vs ±1.4% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±1.9%5 of 10×1.29

CPIconsumer prices±1.5%4 of 10×1.03

PCEpersonal income & outlays±1.2%9 of 19×0.84

FOMCrate decision±1.2%6 of 20×0.82

NFPjobs report±1.0%5 of 10×0.72

GDPgross domestic product±0.9%6 of 19×0.63

CPROFcorporate profits±0.9%4 of 12×0.62

Bar = avg |move| to ±2% · tick = ±1.4% avg day · ×base = |move| ÷ ±1.4% · min 6 releases

Earnings history

EPS 0.53 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	0.53	—
Q1 FY26	Feb 26 '26 · confirmed	0.07	—
Q3 FY25	Nov 6 '25 · confirmed	7.22	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod