How often does Stryker move more than the options market prices?

1 of the last 8 reports moved at least as far as the implied move.

SYKNYSESurgical & Medical Instruments & Apparatus

Stryker Corp (SYK) earnings date, market-implied expected move, and options open interest by expiry

291.70

−20.05 · −6.43%

post 292.90 +0.41%

Closed17:55 ET

Open279.00Volume6.4MMkt cap$111.1BP/E30.99EPS9.45Div yield1.21%

Day276.93 – 297.7177%52-wk266.16 – 386.0222%

SYK

Stryker Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Jan 28

after close · in 89 days

est.Q4 FY26

Calendar

Next report

Last report

−6.38%

vs ±7.2% implied · ×0.89

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Largest filed tie

21.50%

of UFP Technologies revenue

supplierUFPT 10-K

Largest filed tie

13F top-10 QoQ

−0.15%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

2,266 managers

Top fund weight

1.89%

SYK weight · XLV

N-PORTJun 30 '26

12 funds

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

Stryker (SYK) is expected to report on Jan 28 after close (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±5.5%
avg realized: ±4.1%

Jan 28 '25Jan 28 '25confirmed±5.0%▼−1.03%×0.21

May 1 '25May 1 '25confirmed±5.1%▲+1.13%×0.22

Jul 31 '25Jul 31 '25confirmed±3.9%▼−3.80%×0.97

Oct 30 '25Oct 30 '25confirmed±5.2%▼−3.45%×0.67

Jan 29 '26Jan 29 '26confirmed±5.2%▲+4.31%×0.82

Q1 FY26Apr 30 '26confirmed±5.8%▼−6.47%×1.12

Q2 FY26Jul 30 '26confirmed±6.5%▼−6.42%×0.98

Q3 FY26Oct 29 '26confirmed±7.2%▼−6.38%×0.89

quarterimplied−10%0+10%realized×

Q3 FY26±7.2%▼−6.38%×0.89

Q2 FY26±6.5%

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

0.78OI · 4 expiries · Oct 29 closeP/C open interest · Mar 19 · first expiry after the report

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

2,504+1%Nov 2020d0.317,959+3%0.31

3,5580%Dec 1848d0.586,1340%0.58

4,4180%Jan 1576d0.469,5040%0.46

report · Jan 28 · after close · est.

1,3490%Mar 19139d1,7270%

ExpiryPutsCallsP/C

Nov 2020d2,504+1%7,959+3%0.31

Dec 1848d3,5580%6,1340%0.58

Jan 1576d4,4180%9,5040%0.46

report · Jan 28 · after close · est.

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

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

11.55%as filednet margin · revenue −1.05% QoQ · +7.64% YoY

Revenue

$6.5B−1.05% QoQ

Gross profit

$4.2B−5.56% QoQ

65.15% margin

Operating income

$1.0B−37.67% QoQ

15.86% margin

Pre-tax income

$997M−36.25% QoQ

Net income

$753M−40.99% QoQ

11.55% margin

Cost of revenue

$2.3B+8.66% QoQ

Operating expenses

$3.2B+13.21% QoQ

SG&A $2.3B

R&D $433M

Other operating $468M

Other expense

$37M

Tax

$244M−15.28% QoQ

Revenue$6.5B−1.05%

Gross profit

$4.2B−5.56%

65.15% margin

Operating income

$1.0B−37.67%

15.86% margin

Pre-tax income

$997M−36.25%

Net income

$753M−40.99%

11.55% margin

Cost of revenue

$2.3B+8.66%

Operating expenses

$3.2B+13.21%

SG&A $2.3B

R&D $433M

Other operating $468M

Other expense

$37M

Tax$244M−15.28%

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

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 17:45 ET

Intraday

Event sensitivity

CPI ×1.82· ±2.0% vs ±1.1% · 10 releases

eventrelease day|move|up · n×base

CPIconsumer prices±2.0%4 of 10×1.82

PPIproducer prices±1.6%5 of 10×1.49

NFPjobs report±1.5%6 of 10×1.39

FOMCrate decision±1.4%11 of 24×1.25

PCEpersonal income & outlays±0.7%9 of 19×0.64

GDPgross domestic product±0.6%5 of 19×0.58

CPROFcorporate profits±0.6%3 of 12×0.54

Bar = avg |move| to ±2% · tick = ±1.1% avg day · ×base = |move| ÷ ±1.1% · min 6 releases

Earnings history

EPS 1.96 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 29 '26 · confirmed	1.96	—
Q2 FY26	Jul 30 '26 · confirmed	3.30	—
Q1 FY26	Apr 30 '26 · confirmed	1.93	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod