Tenax Therapeutics, Inc. · Brief

Next report

10 days

Nov 11 · after closeest.Q3 FY26

Expected move

±23.7%implied · straddle

1.372.21

spot 1.79exp Nov 20ATM strike 2ATM straddle 0.50IV 131%

Oct 30 close

Expected move

—≥ implied

Q2 FY26—▼−9.27%—

quarterimplied−10%0+10%realized×

Q2 FY26—▼−9.27%—

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

Nov 11 report · est.

Bull2 of 3

113managers reporting a position in the latest quarterly filings13F · Jun 30 '26

3 of 21of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

Bear1

31managers holding most of reported value13F · Jun 30 '26

AI captions · Oct 26 '26once per report · top 2 per case

TENX report session

No linked exposure.

Oct 28impliedImplied move: ±40.7% into Nov 11 earnings (Oct 28 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.