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

Implied ±15.9%, either direction.

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

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

TDUPNasdaqRetail-Catalog & Mail-Order Houses

ThredUp Inc. (TDUP) earnings date, market-implied expected move, and options open interest by expiry

1.99

pre 1.99 −4.64%

Pre-market16:00 ETdelayed

Open2.06Volume1.9MMkt cap$262.7MEPS-0.19

Day1.99 – 2.064%52-wk1.91 – 8.761%

TDUP

ThredUp Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±15.9%implied · report alone

8Q avg ±25.2%·×0.63·cheap

1.682.32

straddle ±19.1%

spot 2.00exp Nov 20ATM strike 2ATM straddle 0.45IV 131%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 9

after close · in 5 days

est.Q3 FY26

Calendar

Next report

Last report

−50.48%

vs ±21.1% implied · ×2.39

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Linked news

14hMETA · supplierMeta seeks to raise up to $25 billion in debt sale as AI spending jumps
1dAMZN · supplierBetterInvesting™ Magazine Update on Amazon.com and UnitedHealth Group

News

Largest filed tie

13F top-10 QoQ

+25.14%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

182 managers

Top fund weight

0.02%

TDUP weight · IWM

N-PORTJun 30 '26

3 funds

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

ThredUp (TDUP) is expected to report on Nov 9 after close (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±27.8%
avg realized: ±25.2%

Jan 14 '25Jan 14 '25confirmed±75.6%▲+45.38%×0.60

Mar 3 '25Mar 3 '25confirmed±31.5%▲+7.17%×0.23

May 5 '25May 5 '25confirmed±20.4%▲+47.75%×2.34

Aug 4 '25Aug 4 '25confirmed±14.7%▲+5.68%×0.39

Nov 3 '25Nov 3 '25confirmed±19.8%▼−7.53%×0.38

Q1 FY26Mar 2 '26confirmed±19.5%▼−23.35%×1.20

May 4 '26May 4 '26confirmed±19.9%▲+14.65%×0.74

Q2 FY26Aug 5 '26confirmed±21.1%▼−50.48%×2.39

quarterimplied−80%0+80%realized×

Q2 FY26±21.1%▼−50.48%×2.39

May '26±19.9%

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

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

0.03OI · 3 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

23+15%Nov 2016d7080%

2770%Jan 1572d0.102,7240%0.10

1450%Apr 16163d4.0336+3%4.03

ExpiryPutsCallsP/C

Nov 2016d23+15%7080%0.03

Jan 1572d2770%2,7240%0.10

Apr 16163d1450%36+3%4.03

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

Positioning

Linked exposure

scenario · straddle±19.1%

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 filedQ2 FY26

−6.54%as filednet margin · revenue +11.14% QoQ · +16.88% YoY

Revenue$91M+11.14%

Gross profit$73M79.90%+12.16%

Operating income−$6M−6.73%+7.22%

Pre-tax income−$6M+8.37%

Net income−$6M−6.54%+8.30%

Cost of revenue$18M+7.24%

Operating expenses$79M+10.37%

Tax$27,000+12.50%

Other income$205,000+45.39%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

PPI ×1.02· ±3.8% vs ±3.7% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±3.8%4 of 10×1.02

FOMCrate decision±3.3%14 of 24×0.90

PCEpersonal income & outlays±3.0%6 of 19×0.80

CPROFcorporate profits±2.6%6 of 12×0.70

NFPjobs report±2.5%6 of 10×0.68

GDPgross domestic product±2.4%8 of 19×0.65

CPIconsumer prices±2.4%4 of 10×0.65

Bar = avg |move| to ±4% · tick = ±3.7% avg day · ×base = |move| ÷ ±3.7% · min 6 releases

Earnings history

EPS -0.05 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	-0.05	—
Q1 FY26	Mar 2 '26 · confirmed	-0.05	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod