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

Implied ±16.5%, either direction.

STHONasdaqLessors of Real Property, NEC

Star Holdings (STHO) earnings date, market-implied expected move, and options open interest by expiry

7.85

+0.04 · +0.51%

post 7.86 +0.13%

After hours16:00 ETdelayed

Open7.81Volume52,976Mkt cap$94.4MP/E6.55EPS1.20

Day7.81 – 7.8871%52-wk7.01 – 9.9429%

STHO

Star Holdings

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±16.5%implied · straddle

6.799.46

spot 8.12exp Nov 20ATM strike 7.5ATM straddle 1.57IV 122%

Nov 4 close

Expected move

Inputs

Next report

Nov 6

before open · in 2 days

est.Q3 FY26

Calendar

Next report

Last report

−2.07%

vs ±17.3% implied · ×0.12

shaded = implied · ▲▼ = realized

Aug 7 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

−0.95%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

80 managers

Top fund weight

0.00%

STHO weight · VTI

N-PORTJun 30 '26

1 fund

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

Star (STHO) is expected to report on Nov 6 before open (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 7 '26confirmed±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

Implied vs realized

Positioning

OI · 2 expiries · Oct 19 close

0.08OI · 2 expiries · Oct 19 closeP/C open interest · Nov 20 · first expiry after the report

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

93−33%Nov 2016d1,1580%

1490%Feb 19107d1.101350%1.10

ExpiryPutsCallsP/C

Nov 2016d93−33%1,1580%0.08

Feb 19107d1490%1350%1.10

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

Positioning

Linked exposure

scenario · straddle±16.5%

Funds 1

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

122.93%as filednet margin · revenue +61.05% QoQ · −19.80% YoY

Revenue$34M+61.05%

Gross profit$20M58.33%+21281.52%

Operating income$12M35.92%+198.55%

Pre-tax income$41M+386.76%

Net income$41M122.93%+386.76%

Cost of revenue$14M−32.59%

Operating expenses$8M−39.00%

Other income$29M+1456.01%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

FOMC ×1.35· ±2.3% vs ±1.7% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±2.3%8 of 24×1.35

CPIconsumer prices±1.8%5 of 10×1.06

GDPgross domestic product±1.5%11 of 19×0.89

NFPjobs report±1.5%5 of 10×0.88

CPROFcorporate profits±1.3%6 of 12×0.77

PCEpersonal income & outlays±1.2%7 of 19×0.70

PPIproducer prices±1.2%7 of 10×0.68

Bar = avg |move| to ±3% · tick = ±1.7% avg day · ×base = |move| ÷ ±1.7% · min 6 releases

Earnings history

EPS 3.43 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 7 '26 · confirmed	3.43	—
Q1 FY26	—	-0.85	—
Q3 FY25	—	0.14	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod