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

Implied ±16.6%, either direction · provisional.

How often does Supernus Pharmaceuticals move more than the options market prices?

0 of the last 6 reports moved at least as far as the implied move.

SUPNNasdaqPharmaceutical Preparations

Supernus Pharmaceuticals, Inc. (SUPN) earnings date, market-implied expected move, and options open interest by expiry

28.09

Pre-market04:50 ETdelayed

Open28.08Volume2.8MMkt cap$2.4BEPS-1.92

Day28.08 – 28.09100%52-wk37.54 – 59.680%

SUPN

Supernus Pharmaceuticals, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±16.6%implied · straddle

25.6735.87

spot 30.77exp Feb 19ATM strike 30.87ATM straddle 6.00IV 44%

Nov 3 closeprovisional

Expected move

Inputs

Next report

Feb 11

after close · in 99 days

est.Q4 FY26

Calendar

Next report

Last report

+0.19%

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Linked news

6dBIIB · customerBiogen to Present New Data Across Alzheimer's Disease Portfolio at CTAD 2026
8dCNC · customerCENTENE CORPORATION REPORTS THIRD QUARTER 2026 RESULTS

News

Largest filed tie

13F top-10 QoQ

+7.92%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

334 managers

Top fund weight

0.08%

SUPN weight · IWM

N-PORTJun 30 '26

4 funds

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

Supernus Pharmaceuticals (SUPN) is expected to report on Feb 11 after close (estimated date).

Implied vs realized

8 reports

0 of 6≥ implied

avg implied: ±10.7%
avg realized: ±2.7%

Feb 12 '26Feb 12 '26confirmed±6.1%▲+1.99%×0.33

Feb 24 '26Feb 24 '26confirmed±13.3%▲+5.67%×0.43

Q1 FY26Apr 22 '26confirmed±10.3%▲+0.20%×0.02

May 5 '26May 5 '26confirmed±11.8%▲+4.59%×0.39

Q2 FY26Jul 22 '26confirmed±11.3%▲+0.53%×0.05

Aug 3 '26Aug 3 '26confirmed±11.3%▲+3.07%×0.27

Oct 19 '26Oct 19 '26confirmed—▲+3.49%—

Oct 29 '26Oct 29 '26confirmed—▲+0.19%—

quarterimplied−15%0+15%realized×

Oct '26—▲+0.19%—

Oct '26—▲+3.49%

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

0.14OI · 4 expiries · Oct 27 closeP/C open interest · Mar 19 · first expiry after the report

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

70%Nov 2016d3.5020%3.50

3660%Dec 1844d2.121730%2.12

6920%Jan 1572d7.86880%7.86

report · Feb 11 · after close · est.

20%Mar 19135d140%

ExpiryPutsCallsP/C

Nov 2016d70%20%3.50

Dec 1844d3660%1730%2.12

Jan 1572d6920%880%7.86

report · Feb 11 · after close · est.

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

Positioning

Linked exposure

scenario · straddle±16.6%

Funds 4

IWM±0.0%

UWM±0.0%

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

38.48%as filednet margin · revenue +62.51% QoQ · +85.32% YoY

Revenue

$356M+62.51% QoQ

Gross profit

$305M+64.52% QoQ

85.67% margin

Operating income

$180M+410.54% QoQ

50.56% margin

Pre-tax income

$182M+415.71% QoQ

Net income

$137M+334.71% QoQ

38.48% margin

Cost of revenue

$51M+51.47% QoQ

Operating expenses

$124M−49.05% QoQ

SG&A $119M

R&D $5M

Tax

$45M+6124.07% QoQ

Other income

$2M+217.46% QoQ

Revenue$356M+62.51%

Gross profit

$305M+64.52%

85.67% margin

Operating income

$180M+410.54%

50.56% margin

Pre-tax income

$182M+415.71%

Net income

$137M+334.71%

38.48% margin

Cost of revenue

$51M+51.47%

Operating expenses

$124M−49.05%

SG&A $119M

R&D $5M

Other income$2M+217.46%

Tax$45M+6124.07%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 04:45 ET

Intraday

Event sensitivity

FOMC ×1.09· ±1.7% vs ±1.6% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.7%10 of 24×1.09

PPIproducer prices±1.5%5 of 10×0.95

CPIconsumer prices±1.3%5 of 10×0.82

PCEpersonal income & outlays±1.0%5 of 19×0.66

NFPjobs report±1.0%6 of 10×0.61

GDPgross domestic product±0.8%6 of 19×0.51

CPROFcorporate profits±0.7%5 of 12×0.46

Bar = avg |move| to ±2% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS -1.01 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 22 '26 · confirmed	-1.01	—
Q1 FY26	Apr 22 '26 · confirmed	-0.04	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod