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

Implied ±32.6%, either direction · provisional.

How often does Starz Entertainment move more than the options market prices?

1 of the last 5 reports moved at least as far as the implied move.

STRZNasdaqServices-Motion Picture & Video Tape Production

Starz Entertainment Corp (STRZ) earnings date, market-implied expected move, and options open interest by expiry

26.00

+2.64 · +11.30%

Regular session15:12 ET

Open24.37Volume356,011Mkt cap$403.2MEPS-20.48

Day24.37 – 26.2587%52-wk8.40 – 32.5873%

STRZ

Starz Entertainment Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±32.6%implied · straddle

15.7530.97

spot 23.36exp Mar 19ATM strike 23ATM straddle 8.95IV 81%

Nov 3 closeprovisionalthin chain

Expected move

Inputs

Next report

Feb 25

after close · in 113 days

est.

Calendar

Next report

Last report

+1.61%

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Largest filed tie

29.70%

of STRZ revenue · Amazon.com, Inc. and its subsidiaries

customerSTRZ 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+3.07%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

146 managers

Top fund weight

0.01%

STRZ weight · IWM

N-PORTJun 30 '26

3 funds

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

Starz Entertainment (STRZ) is expected to report on Feb 25 after close (estimated date).

Implied vs realized

6 reports

1 of 5≥ implied

avg implied: ±15.0%
avg realized: ±9.0%

Aug 14 '25Aug 14 '25confirmed±7.0%▼−20.31%×2.91

Q2 FY26Nov 13 '25confirmed±22.9%▼−6.30%×0.28

Q1 FY26Feb 26 '26confirmed±17.3%▲+14.82%×0.86

May 7 '26May 7 '26confirmed±13.8%▼−1.54%×0.11

Aug 7 '26Aug 7 '26confirmed±14.1%▲+1.86%×0.13

Q3 FY26Oct 29 '26confirmed—▲+1.61%—

quarterimplied−25%0+25%realized×

Q3 FY26—▲+1.61%—

Aug '26±14.1%▲+1.86%×0.13

May '26±13.8%▼−1.54%×0.11

Q1 FY26±17.3%▲+14.82%×0.86

Q2 FY26±22.9%▼−6.30%×0.28

Aug '25±7.0%▼−20.31%×2.91

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

Implied vs realized

Positioning

OI · 3 expiries · Nov 3 close

0.17OI · 3 expiries · Nov 3 closeP/C open interest · Mar 19 · first expiry after the report

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

57+54%Nov 2016d0.45128+54%0.45

1290%Dec 1844d0.225920%0.22

report · Feb 25 · after close · est.

660%Mar 19135d3980%

ExpiryPutsCallsP/C

Nov 2016d57+54%128+54%0.45

Dec 1844d1290%5920%0.22

report · Feb 25 · after close · est.

Mar 19135d660%3980%0.17

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

Positioning

Linked exposure

scenario · straddle±32.6%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

−10.79%as filednet margin · revenue +4.71% QoQ · −66.78% YoY

Revenue$322M+4.71%

Gross profit$322M100.00%+4.71%

Operating income−$21M−6.58%+87.92%

Pre-tax income−$37M+80.85%

Net income−$35M−10.79%+81.63%

Cost of revenue$0—

Operating expenses$344M−28.92%

Tax−$2M−41.67%

Other expense−$15M−1.32%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 15:00 ET

Intraday

Event sensitivity

PCE ×1.53· ±5.2% vs ±3.4% · 16 releases

eventrelease day|move|up · n×base

PCEpersonal income & outlays±5.2%8 of 16×1.53

PPIproducer prices±4.7%8 of 11×1.39

CPROFcorporate profits±4.1%7 of 11×1.20

FOMCrate decision±4.0%5 of 12×1.18

GDPgross domestic product±3.8%8 of 16×1.12

NFPjobs report±3.7%4 of 10×1.08

CPIconsumer prices±2.0%8 of 11×0.58

Bar = avg |move| to ±6% · tick = ±3.4% avg day · ×base = |move| ÷ ±3.4% · min 6 releases

Earnings history

EPS -2.02 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 29 '26 · confirmed	-2.02	—
Q2 FY26	Nov 13 '25 · confirmed	-11.27	—
Q1 FY26	Feb 26 '26 · confirmed	-9.83	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod