What move does the options market price into Virtu Financial's report?

Implied ±4.2%, either direction.

VIRTNYSESecurity Brokers, Dealers & Flotation Companies

Virtu Financial, Inc. (VIRT) earnings date, market-implied expected move, and options open interest by expiry

53.76

Closed18:52 ET

Open52.59Volume1.2MMkt cap$8.3BP/E15.15Div yield1.79%

Day52.58 – 53.8394%52-wk31.10 – 68.5161%

VIRT

Virtu Financial, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±4.2%implied · report alone

51.5056.02

straddle ±8.6%

spot 53.76exp Nov 20ATM strike 55ATM straddle 5.45IV 52%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 5

before open · in 5 days

confirmedQ3 FY26

Calendar

Next report

Last report

+2.12%

shaded = implied · ▲▼ = realized

Jul 30 '26 · confirmed

Implied vs realized

Linked news

1dMKTX · customerMarketAxess approves merger agreement, 28,241,324 votes for
4dNDAQ · supplierNasdaq appoints Börje Ekholm to board effective Nov 1, 2026; Holden Spaht to resign Dec 31, 2026

News

Largest filed tie

13F top-10 QoQ

+11.15%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

476 managers

Top fund weight

0.85%

VIRT weight · BCOR

N-PORTJun 30 '26

3 funds

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

Virtu Financial (VIRT) reports on Nov 5 before open (confirmed date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Jul 30 '26confirmed—▲+2.12%—

quarterimplied−5%0+5%realized×

Q2 FY26—▲+2.12%—

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

Implied vs realized

Positioning

OI · 3 expiries · Oct 16 close

0.53OI · 3 expiries · Oct 16 closeP/C open interest · Nov 20 · first expiry after the report

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

387+12%Nov 2020d724+2%

720−1%Dec 1848d0.471,528+24%0.47

482+32%Mar 19139d0.391,239+74%0.39

ExpiryPutsCallsP/C

Nov 2020d387+12%724+2%0.53

Dec 1848d720−1%1,528+24%0.47

Mar 19139d482+32%1,239+74%0.39

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

Positioning

Linked exposure

scenario · straddle±8.6%

Funds 3

BCOR±0.1%

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ2 FY26

23.94%as filednet margin · revenue +8.64% QoQ · +19.05% YoY

Revenue$1.2B+8.64%

Pre-tax income$343M−16.36%

Net income$285M23.94%−17.79%

Tax$58M−8.49%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 18:45 ET

Intraday

Event sensitivity

CPI ×1.30· ±2.0% vs ±1.6% · 11 releases

eventrelease day|move|up · n×base

CPIconsumer prices±2.0%5 of 11×1.30

NFPjobs report±1.9%9 of 10×1.21

PPIproducer prices±1.6%8 of 11×1.02

FOMCrate decision±1.4%14 of 25×0.92

PCEpersonal income & outlays±1.4%11 of 20×0.91

GDPgross domestic product±1.4%10 of 20×0.88

CPROFcorporate profits±1.3%6 of 12×0.86

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 1.63 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 30 '26 · confirmed	1.63	—
Q1 FY26	—	1.99	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod