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

Implied ±4.4%, either direction.

TXRHNasdaqRetail-Eating Places

Texas Roadhouse, Inc. (TXRH) earnings date, market-implied expected move, and options open interest by expiry

187.06

−0.11 · −0.06%

Regular session14:34 ET

Open186.33Volume863,370Mkt cap$12.3BP/E29.88EPS6.26Div yield1.57%

Day185.29 – 187.8869%52-wk152.58 – 215.4755%

TXRH

Texas Roadhouse, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±4.4%implied · report alone

8Q avg ±4.2%·×1.05·fair

178.98195.36

straddle ±5.0%

spot 187.17exp Nov 6ATM strike 187.5ATM straddle 11.05IV 67%

Nov 2 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

after close · in 2 days

est.Q3 FY26

Calendar

Next report

Last report

−0.08%

vs ±4.6% implied · ×0.02

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Linked news

6hMZTI · supplierMarzetti posts net income $29,300 thousand, diluted EPS $1.07; net sales $481,522 thousand

News

Largest filed tie

13F top-10 QoQ

+2.69%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

650 managers

Top fund weight

0.35%

TXRH weight · MDY

N-PORTJun 30 '26

3 funds

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

Texas Roadhouse (TXRH) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

—≥ implied

Oct 24 '24Oct 24 '24confirmed—▲+3.58%—

Feb 20 '25Feb 20 '25confirmed—▼−1.42%—

May 8 '25May 8 '25confirmed—▲+4.79%—

Aug 7 '25Aug 7 '25confirmed—▼−6.58%—

Q3 FY25Nov 6 '25confirmed—▲+2.68%—

Feb 19 '26Feb 19 '26confirmed—▼−2.03%—

Q1 FY26May 7 '26confirmed—▲+12.32%—

Q2 FY26Aug 6 '26confirmed±4.6%▼−0.08%×0.02

quarterimplied−15%0+15%realized×

Q2 FY26±4.6%▼−0.08%×0.02

Q1 FY26—+12.32%

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

Implied vs realized

Positioning

OI · 7 expiries · Oct 28 close

1.03OI · 7 expiries · Oct 28 closeP/C open interest · Nov 6 · first expiry after the report

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

110+93%Nov 63d107+81%

92+820%Nov 1310d2.6335−3%2.63

291+18%Nov 2017d0.30966+5%0.30

540%Nov 2724d13.504+33%13.50

1,003+1%Dec 1845d0.195,1610%0.19

2 later expiries

25+56%Jan 1573d0.8330+11%0.83

149+1%Mar 19136d0.18

ExpiryPutsCallsP/C

Nov 63d110+93%107+81%1.03

Nov 1310d92+820%35−3%2.63

Nov 2017d291+18%966+5%0.30

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

Positioning

Linked exposure

scenario · straddle±5.0%

Funds 3

MDY±0.0%

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ2 FY26

7.41%as filednet margin · revenue +2.87% QoQ · +11.11% YoY

Revenue

$1.7B+2.87% QoQ

Gross profit

$307M+4.00% QoQ

18.30% margin

Operating income

$143M−2.43% QoQ

8.50% margin

Pre-tax income

$144M−2.07% QoQ

Net income

$125M−1.18% QoQ

7.41% margin

Cost of revenue

$1.4B+2.62% QoQ

Operating expenses

$165M+10.29% QoQ

SG&A $72M

Depreciation $58M

Other operating $25M

Other operating $9M

Tax

$19M−7.41% QoQ

Other income

$1M+74.60% QoQ

Revenue$1.7B+2.87%

Gross profit

$307M+4.00%

18.30% margin

Operating income

$143M−2.43%

8.50% margin

Pre-tax income

$144M−2.07%

Net income

$125M−1.18%

7.41% margin

Cost of revenue

$1.4B+2.62%

Operating expenses

$165M+10.29%

SG&A $72M

Depreciation $58M

Other operating $25M

Other income$1M+74.60%

Tax$19M−7.41%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 14:30 ET

Intraday

Event sensitivity

NFP ×2.07· ±2.6% vs ±1.3% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.6%6 of 10×2.07

PPIproducer prices±1.5%4 of 10×1.19

FOMCrate decision±1.3%14 of 24×1.04

CPROFcorporate profits±1.0%4 of 12×0.79

GDPgross domestic product±1.0%10 of 19×0.76

PCEpersonal income & outlays±1.0%8 of 19×0.75

CPIconsumer prices±0.8%6 of 10×0.59

Bar = avg |move| to ±3% · tick = ±1.3% avg day · ×base = |move| ÷ ±1.3% · min 6 releases

Earnings history

EPS 1.85 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	1.85	—
Q1 FY26	May 7 '26 · confirmed	1.87	—
Q3 FY25	Nov 6 '25 · confirmed	1.25	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod