Star Holdings · Brief

Next report

3 days

Nov 6 · before openest.Q3 FY26

Expected move

±11.5%implied · report alone

7.579.53

straddle ±11.9%

spot 8.55exp Nov 20ATM strike 7.5ATM straddle 1.20IV 88%

Nov 3 closereport share · term structure

Expected move

—≥ implied

Q2 FY26±17.3%▼−2.07%×0.12

quarterimplied−20%0+20%realized×

Q2 FY26±17.3%▼−2.07%×0.12

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

Nov 6 report · est.

Bull1

80managers reporting a position in latest quarterly filings13F · Jun 30 '26

Bear2 of 3

11managers holding the bulk of reported value13F · Jun 30 '26

8 of 23largest reporting managers reduced positions over latest quarter13F · Jun 30 '26

AI captions · Oct 26 '26once per report · top 2 per case

STHO report session

No linked exposure.

Oct 23impliedImplied move: ±10.5% into Nov 6 earnings (Oct 23 close).Source

Oct 98-KMaterial agreement: Amendment No. 5 to margin loan agreement with Morgan Stanley Senior Funding, Inc.Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.