What move does the options market price into Starwood Property Trust's report?

Implied ±4.6%, either direction.

STWDNYSEReal Estate Investment Trusts

Starwood Property Trust, Inc. (STWD) earnings date, market-implied expected move, and options open interest by expiry

12.19

−0.21 · −1.69%

post 12.19 0.00%

Closed16:00 ET

Open12.40Volume4.6MMkt cap$4.5BP/E21.02EPS0.58Div yield15.74%

Day12.19 – 12.420%52-wk11.84 – 17.376%

STWD

Starwood Property Trust, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±4.6%implied · report alone

11.6412.76

straddle ±6.4%

spot 12.20exp Nov 20ATM strike 12ATM straddle 0.92IV 38%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 6

before open · in 6 days

confirmedQ3 FY26

Calendar

Next report

Last report

−1.73%

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Largest filed tie

—

Supply chain

Largest filed tie

13F top-10 QoQ

−0.31%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

524 managers

Top fund weight

0.16%

STWD weight · MDY

N-PORTJun 30 '26

3 funds

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

Starwood Property Trust (STWD) reports on Nov 6 before open (confirmed date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 6 '26confirmed—▼−1.73%—

quarterimplied−5%0+5%realized×

Q2 FY26—▼−1.73%—

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 29 close

1.76OI · 4 expiries · Oct 29 closeP/C open interest · Nov 20 · first expiry after the report

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

4,214+12%Nov 2020d2,393−6%

2,799+3%Dec 1848d0.299,7160%0.29

35,589+1%Jan 1576d3.3510,6370%3.35

12,4590%Mar 19139d5.312,346+2%5.31

ExpiryPutsCallsP/C

Nov 2020d4,214+12%2,393−6%1.76

Dec 1848d2,799+3%9,7160%0.29

Jan 1576d35,589+1%10,6370%3.35

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

Positioning

Linked exposure

scenario · straddle±6.4%

Funds 3

MDY±0.0%

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ2 FY26

2.90%as filednet margin · revenue −1.42% QoQ · −1.41% YoY

Revenue$517M−1.42%

Pre-tax income$21M−60.30%

Net income$15M2.90%−73.87%

Tax$6M+257.77%

Source: SEC filings · standardized · QE Jun 30 '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 ×1.40· ±1.4% vs ±1.0% · 25 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.4%11 of 25×1.40

NFPjobs report±1.1%3 of 10×1.14

PPIproducer prices±1.1%4 of 11×1.14

GDPgross domestic product±0.9%8 of 20×0.90

PCEpersonal income & outlays±0.8%7 of 20×0.85

CPROFcorporate profits±0.8%4 of 12×0.78

CPIconsumer prices±0.5%2 of 11×0.52

Bar = avg |move| to ±2% · tick = ±1.0% avg day · ×base = |move| ÷ ±1.0% · min 6 releases

Earnings history

EPS 0.01 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	0.01	—
Q1 FY26	—	0.13	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod