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

Implied ±23.6%, either direction · provisional.

TLNNasdaqElectric Services

Talen Energy Corp (TLN) earnings date, market-implied expected move, and options open interest by expiry

356.97

+23.97 · +7.20%

post 358.45 +0.42%

Closed18:56 ET

Open339.05Volume2.2MMkt cap$15.5BEPS-5.67

Day339.05 – 364.1177%52-wk279.77 – 449.8446%

TLN

Talen Energy Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±23.6%implied · straddle

272.79441.77

spot 357.28exp Mar 19ATM strike 360ATM straddle 99.40IV 58%

Nov 3 closeprovisional

Expected move

Inputs

Next report

Feb 25

after close · in 114 days

est.Q4 FY26

Calendar

Next report

Last report

+7.29%

vs ±6.9% implied · ×1.06

shaded = implied · ▲▼ = realized

Nov 3 '26 · confirmed

Implied vs realized

Linked news

1dAMZN · customerBetterInvesting™ Magazine Update on Amazon.com and UnitedHealth Group

News

Largest filed tie

13F top-10 QoQ

+12.32%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

653 managers

Top fund weight

0.85%

TLN weight · FTC

N-PORTJul 31 '26

4 funds

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

Talen Energy (TLN) is expected to report on Feb 25 after close (estimated date).

Implied vs realized

8 reports

—≥ implied

Feb 27 '25Feb 27 '25confirmed—▲+3.04%—

May 8 '25May 8 '25confirmed—▼−1.17%—

Aug 7 '25Aug 7 '25confirmed—▼−0.82%—

Q3 FY25Nov 5 '25confirmed—▼−4.35%—

Q1 FY26Feb 26 '26confirmed—▼−4.89%—

May 5 '26May 5 '26confirmed—▲+6.52%—

Q2 FY26Aug 5 '26confirmed±8.9%▲+2.57%×0.29

Q3 FY26Nov 3 '26confirmed±6.9%▲+7.29%×1.06

quarterimplied−10%0+10%realized×

Q3 FY26±6.9%▲+7.29%×1.06

Q2 FY26±8.9%

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

Implied vs realized

Positioning

OI · 10 expiries · Nov 2 close

0.18OI · 10 expiries · Nov 2 closeP/C open interest · Mar 19 · first expiry after the report

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

7 nearer expiries

501+124%Nov 63d0.421,194+415%0.42

765+15%Nov 1310d1.00764+15%1.00

4,675+3%Nov 2017d0.3214,433+2%0.32

580+994%Nov 2724d4.36133+250%4.36

3—Dec 431d3.001—3.00

1—Dec 1138d0.502—0.50

13,2930%Dec 1845d0.9414,123−2%0.94

9,7480%Jan 1573d0.3825,6690%0.38

889+6%Feb 19108d0.611,453+1%0.61

report · Feb 25 · after close · est.

ExpiryPutsCallsP/C

7 nearer expiries

Nov 63d501+124%1,194+415%0.42

Nov 1310d765+15%764+15%1.00

Nov 2017d4,675+3%14,433

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

Positioning

Linked exposure

scenario · straddle±23.6%

Funds 4

FTC±0.2%

MDY±0.1%

VTI±0.0%

VT±0.0%

Suppliers 1

EOSE±13.1%×0.55

Customers 1

AMZN±4.0%×0.17

Dashed = straddle · × = co-movement · max 501dMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

10.40%as filednet margin · revenue +77.64% QoQ · +63.42% YoY

Revenue

$1.3B+77.64% QoQ

Gross profit

$674M+83.15% QoQ

50.79% margin

Operating income

$255M+454.17% QoQ

19.22% margin

Pre-tax income

$195M+251.16% QoQ

Net income

$138M+250.00% QoQ

10.40% margin

Cost of revenue

$653M+72.30% QoQ

Operating expenses

$412M−6.58% QoQ

R&D $167M

Depreciation $157M

SG&A $76M

Other operating $12M

Other expense

$67M

Tax

$57M+254.05% QoQ

Revenue$1.3B+77.64%

Gross profit

$674M+83.15%

50.79% margin

Operating income

$255M+454.17%

19.22% margin

Pre-tax income

$195M+251.16%

Net income

$138M+250.00%

10.40% margin

Cost of revenue

$653M+72.30%

Operating expenses

$412M−6.58%

R&D $167M

Depreciation $157M

SG&A $76M

Other expense

$67M

Tax$57M+254.05%

flow · deduction · 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 · 18:45 ET

Intraday

Event sensitivity

PPI ×1.42· ±3.3% vs ±2.3% · 10 releases

eventrelease day|move|up · n×base

PPIproducer prices±3.3%4 of 10×1.42

CPIconsumer prices±2.9%7 of 10×1.24

NFPjobs report±2.8%5 of 10×1.20

FOMCrate decision±2.6%15 of 24×1.14

GDPgross domestic product±2.1%14 of 19×0.92

PCEpersonal income & outlays±1.9%12 of 19×0.83

CPROFcorporate profits±1.3%7 of 12×0.57

Bar = avg |move| to ±4% · tick = ±2.3% avg day · ×base = |move| ÷ ±2.3% · min 6 releases

Earnings history

EPS 2.88 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Nov 3 '26 · confirmed	2.88	—
Q2 FY26	Aug 5 '26 · confirmed	-2.00	—
Q1 FY26	Feb 26 '26 · confirmed	1.33	—
Q3 FY25	Nov 5 '25 · confirmed	4.25	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod