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

Implied ±9.8%, either direction · provisional.

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

2 of the last 8 reports moved at least as far as the implied move.

WELLNYSEReal Estate Investment Trusts

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

235.13

+0.53 · +0.22%

Regular session14:33 ET

Open235.78Volume3.6MMkt cap$172.1BP/E100.05EPS2.35Div yield1.31%

Day234.81 – 238.778%52-wk175.60 – 254.2476%

WELL

Welltower Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.8%implied · straddle

211.52257.68

spot 234.60exp Feb 19ATM strike 230ATM straddle 27.15IV 26%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Feb 9

after close · in 99 days

est.Q4 FY26

Calendar

Next report

Last report

−5.77%

vs ±5.3% implied · ×1.09

shaded = implied · ▲▼ = realized

Oct 26 '26 · confirmed

Implied vs realized

Linked news

24dBKD · customerBrookdale Reports September 2026 Occupancy

News

Largest filed tie

13F top-10 QoQ

+4.37%

shares held · 10 largest managers

13F · Jun 30 '26125d lag

1,607 managers

Top fund weight

11.01%

WELL weight · XLRE

N-PORTJun 30 '26

12 funds

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

Welltower (WELL) is expected to report on Feb 9 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±4.9%
avg realized: ±2.8%

Feb 11 '25Feb 11 '25confirmed±4.6%▲+2.16%×0.47

Apr 28 '25Apr 28 '25confirmed±4.7%▲+1.63%×0.35

Jul 28 '25Jul 28 '25confirmed±4.1%▲+4.85%×1.17

Oct 27 '25Oct 27 '25confirmed±5.0%▼−1.59%×0.32

Feb 10 '26Feb 10 '26confirmed±4.4%▲+3.51%×0.80

Q1 FY26Apr 28 '26confirmed±5.1%▼−1.00%×0.20

Q2 FY26Jul 27 '26confirmed±5.5%▼−1.92%×0.35

Q3 FY26Oct 26 '26confirmed±5.3%▼−5.77%×1.09

quarterimplied−10%0+10%realized×

Q3 FY26±5.3%▼−5.77%×1.09

Q2 FY26±5.5%

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

Implied vs realized

Positioning

OI · 5 expiries · Oct 30 close

1.01OI · 5 expiries · Oct 30 closeP/C open interest · Feb 19 · first expiry after the report

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

2,374+6%Nov 2018d0.862,758+13%0.86

2,438+11%Dec 1846d0.475,163+3%0.47

9,5690%Jan 1574d0.989,792+2%0.98

report · Feb 9 · after close · est.

844+2%Feb 19109d8390%

5,9090%Mar 19137d2.302,566−2%2.30

ExpiryPutsCallsP/C

Nov 2018d2,374+6%2,758+13%0.86

Dec 1846d2,438+11%5,163+3%0.47

Jan 1574d9,5690%9,792+2%0.98

report · Feb 9 · after close · est.

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

Positioning

Linked exposure

scenario · straddle±9.8%

Funds 4

XLRE±1.1%

VNQ±0.8%

FTC±0.1%

JEPI±0.1%

Customers 1

BKD±7.1%×0.72

Dashed = straddle · × = co-movement · max 499dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

11.77%as filednet margin · revenue +4.77% QoQ · +39.60% YoY

Revenue$3.5B+4.77%

Pre-tax income$338M+5.47%

Net income$415M11.77%−10.40%

Tax$7M+111.48%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 17:45 ET

Intraday

Event sensitivity

NFP ×1.30· ±1.3% vs ±1.0% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±1.3%6 of 10×1.30

PCEpersonal income & outlays±1.2%13 of 20×1.21

FOMCrate decision±1.2%10 of 24×1.16

PPIproducer prices±1.1%6 of 11×1.08

CPIconsumer prices±1.1%8 of 11×1.07

GDPgross domestic product±1.0%15 of 20×0.97

CPROFcorporate profits±0.7%8 of 12×0.74

Bar = avg |move| to ±2% · tick = ±1.0% avg day · ×base = |move| ÷ ±1.0% · min 6 releases

Earnings history

EPS 0.54 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 26 '26 · confirmed	0.54	—
Q2 FY26	Jul 27 '26 · confirmed	0.61	—
Q1 FY26	Apr 28 '26 · confirmed	1.02	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod