TON Strategy Co · Brief

Next report

11 days

Nov 11 · before openest.Q3 FY26

Expected move

No implied move.

—≥ implied

Q2 FY26±20.9%0.00%×0.00

quarterimplied−25%0+25%realized×

Q2 FY26±20.9%0.00%×0.00

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

Nov 11 report · est.

Bull1

39managers reporting a position in the latest quarterly filings13F · Jun 30 '26

Bear2

6managers whose positions together make up four fifths of the reported value13F · Jun 30 '26

10 of 19of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

AI captions · Sep 28 '26once per report · top 2 per case

TONX report session

No linked exposure.

Oct 30impliedImplied move: ±32.6% into Nov 11 earnings (Oct 30 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.