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

Implied ±13.8%, either direction.

TENXNasdaqPharmaceutical Preparations

Tenax Therapeutics, Inc. (TENX) earnings date, market-implied expected move, and options open interest by expiry

1.84

+0.03 · +1.94%

post 1.84 0.00%

Closed16:00 ET

Open1.81Volume1.2MMkt cap$67.4MEPS-1.28

Day1.81 – 1.9026%52-wk1.31 – 19.403%

TENX

Tenax Therapeutics, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±13.8%implied · report alone

1.592.09

straddle ±23.1%

spot 1.84exp Nov 20ATM strike 2ATM straddle 0.50IV 147%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 11

after close · in 8 days

est.Q3 FY26

Calendar

Next report

Last report

−9.27%

shaded = implied · ▲▼ = realized

Jul 31 '26 · confirmed

Implied vs realized

Largest filed tie

—

13F top-10 QoQ

+182.56%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

113 managers

Top fund weight

0.01%

TENX weight · IWM

N-PORTJun 30 '26

3 funds

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

Tenax Therapeutics (TENX) is expected to report on Nov 11 after close (estimated date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Jul 31 '26confirmed—▼−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

Implied vs realized

Positioning

OI · 4 expiries · Oct 23 close

0.04OI · 4 expiries · Oct 23 closeP/C open interest · Nov 20 · first expiry after the report

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

89+27%Nov 2017d2,113+33%

2—Dec 1845d0.01149—0.01

1,5730%Jan 1573d0.1312,412+1%0.13

2380%Apr 16164d0.151,6200%0.15

ExpiryPutsCallsP/C

Nov 2017d89+27%2,113+33%0.04

Dec 1845d2—149—0.01

Jan 1573d1,5730%12,412+1%0.13

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

Positioning

Linked exposure

scenario · straddle±23.1%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

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

Linked exposure

Revenue flow

No filed income statement.

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 ×1.34· ±5.5% vs ±4.1% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±5.5%6 of 10×1.34

NFPjobs report±5.0%8 of 10×1.23

CPIconsumer prices±3.4%5 of 10×0.85

FOMCrate decision±2.8%9 of 24×0.68

CPROFcorporate profits±2.6%5 of 12×0.65

PCEpersonal income & outlays±2.6%9 of 19×0.63

GDPgross domestic product±2.3%9 of 19×0.57

Bar = avg |move| to ±6% · tick = ±4.1% avg day · ×base = |move| ÷ ±4.1% · min 6 releases

Earnings history

EPS -0.35 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 31 '26 · confirmed	-0.35	—
Q1 FY26	—	-0.35	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod