Wendy's Co · Brief

Next report

4 days

Nov 5 · before openconfirmedQ3 FY26

Expected move

±4.1%implied · straddle

6.917.51

spot 7.21exp Nov 6ATM strike 7ATM straddle 0.35IV 40%

Oct 30 close

Expected move

—≥ implied

Q2 FY26±7.8%▲+4.06%×0.52

quarterimplied−10%0+10%realized×

Q2 FY26±7.8%▲+4.06%×0.52

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

Nov 5 report · confirmed

Bull2 of 4

5tracked funds holding WENN-PORT · Aug 31 '26

410managers reporting a position in the latest quarter13F · Jun 30 '26

Bear2

6 of 24of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

0.04%of iShares Russell 2000 ETF's assets, the largest tracked-fund weightN-PORT · Jun 30 '26

AI captions · Oct 12 '26once per report · top 2 per case

WEN report session

No linked exposure.

Oct 22impliedImplied move: ±8.4% into Nov 5 earnings (Oct 22 close).Source

Oct 8report dateEarnings date confirmed: Nov 5, before open.Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.