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

Implied ±4.4%, either direction.

How often does Spectrum Brands move more than the options market prices?

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

SPBNYSEMiscellaneous Electrical Machinery, Equipment & Supplies

Spectrum Brands Holdings, Inc. (SPB) earnings date, market-implied expected move, and options open interest by expiry

83.57

+2.04 · +2.50%

post 83.56 −0.01%

Closed16:00 ET

Open81.54Volume304,304Mkt cap$1.9BP/E26.03EPS3.21Div yield2.25%

Day81.54 – 84.0481%52-wk50.10 – 98.5369%

SPB

Spectrum Brands Holdings, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±4.4%implied · report alone

8Q avg ±6.8%·×0.64·cheap

79.7987.09

straddle ±7.4%

spot 83.44exp Nov 20ATM strike 85ATM straddle 7.25IV 44%

Oct 30 closereport share · term structurethin chain

Expected move

Inputs

Next report

Nov 12

before open · in 12 days

est.Q4 FY26

Calendar

Next report

Last report

+2.12%

vs ±8.8% implied · ×0.24

shaded = implied · ▲▼ = realized

Aug 7 '26 · confirmed

Implied vs realized

Largest filed tie

100.00%

of Fenbo Holdings revenue

supplierFEBO 20-F

Supply chain

Largest filed tie

13F top-10 QoQ

+3.02%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

307 managers

Top fund weight

0.06%

SPB weight · IWM

N-PORTJun 30 '26

4 funds

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

Spectrum Brands (SPB) is expected to report on Nov 12 before open (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±7.5%
avg realized: ±6.8%

Nov 15 '24Nov 15 '24confirmed±6.4%▼−6.01%×0.94

Feb 6 '25Feb 6 '25confirmed±6.3%▼−7.72%×1.23

May 8 '25May 8 '25confirmed±7.4%▲+3.59%×0.48

Aug 7 '25Aug 7 '25confirmed±6.9%▲+7.45%×1.08

Nov 13 '25Nov 13 '25confirmed±6.9%▲+9.71%×1.42

Q1 FY26Feb 5 '26confirmed±10.5%▲+10.21%×0.97

Q2 FY26May 7 '26confirmed±6.6%▼−7.53%×1.13

Q3 FY26Aug 7 '26confirmed±8.8%▲+2.12%×0.24

quarterimplied−15%0+15%realized×

Q3 FY26±8.8%▲+2.12%×0.24

Q2 FY26±6.6%

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 27 close

0.02OI · 4 expiries · Oct 27 closeP/C open interest · Nov 20 · first expiry after the report

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

10%Nov 2020d470%

370%Dec 1848d0.16228+1%0.16

280%Jan 1576d0.171680%0.17

9700%Apr 16167d46.19210%46.19

ExpiryPutsCallsP/C

Nov 2020d10%470%0.02

Dec 1848d370%228+1%0.16

Jan 1576d280%1680%0.17

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

Positioning

Linked exposure

scenario · straddle±7.4%

Funds 4

IWM±0.0%

UWM±0.0%

VTI±0.0%

VT±0.0%

Suppliers 1

SWK±5.4%×0.73

Customers 3

LOW±2.7%×0.37

HD±2.5%×0.34

AMZN±1.9%×0.26

Dashed = straddle · × = co-movement · max 501dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

−2.85%as filednet margin · revenue +6.26% QoQ · +7.68% YoY

Revenue$753M+6.26%

Gross profit$370M49.17%+37.03%

Operating income$16M2.11%−63.45%

Pre-tax income$9M−76.90%

Net income−$22M−2.85%−197.29%

Cost of revenue$383M−12.70%

Operating expenses$355M+56.31%

Tax$29M+101.40%

Other expense−$7M−10.45%

Source: SEC filings · standardized · QE Jun 28 '26 · bars = % of revenue

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

FOMC ×1.22· ±1.8% vs ±1.5% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.8%8 of 24×1.22

PPIproducer prices±1.7%6 of 10×1.20

CPROFcorporate profits±1.5%6 of 12×1.02

GDPgross domestic product±1.5%10 of 19×1.02

NFPjobs report±1.4%6 of 9×0.98

PCEpersonal income & outlays±1.2%10 of 19×0.83

CPIconsumer prices±1.2%6 of 10×0.82

Bar = avg |move| to ±2% · tick = ±1.5% avg day · ×base = |move| ÷ ±1.5% · min 6 releases

Earnings history

EPS -1.16 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Aug 7 '26 · confirmed	-1.16	—
Q2 FY26	May 7 '26 · confirmed	0.94	—
Q1 FY26	Feb 5 '26 · confirmed	1.21	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod