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

Implied ±17.8%, either direction.

How often does Verastem move more than the options market prices?

0 of the last 6 reports moved at least as far as the implied move.

VSTMNasdaqPharmaceutical Preparations

Verastem, Inc. (VSTM) earnings date, market-implied expected move, and options open interest by expiry

9.78

pre 9.95 +1.84%

Pre-market08:45 ETdelayed

Open9.96Volume2.1MMkt cap$868.5MEPS-2.39

Day9.95 – 9.960%52-wk3.43 – 10.8288%

VSTM

Verastem, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±17.8%implied · straddle

8.0311.51

spot 9.77exp Nov 20ATM strike 10ATM straddle 2.05IV 120%

Nov 3 close

Expected move

Inputs

News

21dVSTM trading halt (LUDP) · resumed 09:47 ET

News

Next report

Last report

+14.04%

vs ±32.6% implied · ×0.43

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Linked news

16hPFE · supplierPfizer names Cecile Guegan CFO; $1,300,000 base, $1,300,000 target incentive
7dIQV · supplierIqvia reports Q3 revenue $4,428 million, net income $352 million, diluted EPS $2.10

News

Largest filed tie

13F top-10 QoQ

+30.31%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

159 managers

Top fund weight

0.12%

VSTM weight · XBI

N-PORTJun 30 '26

4 funds

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

Verastem (VSTM) is expected to report on Nov 6 before open (estimated date).

Implied vs realized

6 reports

0 of 6≥ implied

avg implied: ±39.3%
avg realized: ±10.8%

Aug 8 '22Aug 8 '22confirmed±46.4%▲+7.56%×0.16

Feb 2 '23Feb 2 '23confirmed±48.6%▲+8.65%×0.18

Jan 13 '25Jan 13 '25confirmed±10.2%▼−6.81%×0.67

Q3 FY25Nov 4 '25confirmed±46.6%▼−20.10%×0.43

Q1 FY26Feb 4 '26confirmed±51.5%▲+7.78%×0.15

Q2 FY26Aug 6 '26confirmed±32.6%▲+14.04%×0.43

quarterimplied−55%0+55%realized×

Q2 FY26±32.6%▲+14.04%×0.43

Q1 FY26±51.5%▲+7.78%×0.15

Q3 FY25±46.6%▼−20.10%×0.43

Jan '25±10.2%▼−6.81%×0.67

Feb '23±48.6%▲+8.65%×0.18

Aug '22±46.4%▲+7.56%×0.16

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

Implied vs realized

Positioning

OI · 4 expiries · Nov 3 close

0.40OI · 4 expiries · Nov 3 closeP/C open interest · Nov 20 · first expiry after the report

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

934−7%Nov 2016d2,318−1%

9640%Dec 1844d0.372,5800%0.37

1,5950%Jan 1572d0.198,5130%0.19

3170%Mar 19135d0.71446+1%0.71

ExpiryPutsCallsP/C

Nov 2016d934−7%2,318−1%0.40

Dec 1844d9640%2,5800%0.37

Jan 1572d1,5950%8,5130%0.19

Mar 19135d3170%446+1%0.71

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

Positioning

Linked exposure

scenario · straddle±17.8%

Funds 4

XBI±0.0%

IWM±0.0%

UWM±0.0%

VTI±0.0%

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

Linked exposure

Revenue flow

as filedQ2 FY26

−86.51%as filednet margin · revenue +114.65% QoQ · +1775.43% YoY

Revenue$40M+114.65%

Gross profit$36M90.61%+128.42%

Operating income−$33M−81.62%+27.14%

Pre-tax income−$34M+7.47%

Net income−$35M−86.51%+5.24%

Cost of revenue$4M+35.71%

Operating expenses$69M+13.54%

Tax$816,000—

Other expense−$1M−113.81%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 08:45 ET

Intraday

Event sensitivity

NFP ×1.53· ±5.9% vs ±3.9% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±5.9%5 of 10×1.53

PPIproducer prices±3.9%4 of 10×1.00

PCEpersonal income & outlays±3.2%10 of 19×0.82

CPROFcorporate profits±3.1%8 of 12×0.79

FOMCrate decision±3.0%10 of 24×0.77

CPIconsumer prices±2.8%2 of 10×0.73

GDPgross domestic product±2.8%12 of 19×0.72

Bar = avg |move| to ±6% · tick = ±3.9% avg day · ×base = |move| ÷ ±3.9% · min 6 releases

Earnings history

EPS -0.35 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	-0.35	—
Q1 FY26	Feb 4 '26 · confirmed	-0.46	—
Q3 FY25	Nov 4 '25 · confirmed	-1.35	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod