Advanced Drainage Systems, Inc. · Brief

Next report

4 days

Nov 5 · before openest.Q2 FY27

Expected move

±6.8%implied · report alone

126.22144.64

straddle ±8.5%

spot 135.43exp Nov 20ATM strike 135ATM straddle 13.60IV 53%

Oct 30 closereport share · term structure

Expected move

—≥ implied

Q1 FY27—▼−0.76%—

quarterimplied−5%0+5%realized×

Q1 FY27—▼−0.76%—

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

Nov 5 report · est.

Bull2

550managers reporting a position in the latest quarterly filings13F · Jun 30 '26

56managers holding the vast majority of reported value13F · Jun 30 '26

Bear2 of 3

13.10%of revenue from the largest disclosed customer Ferguson EnterprisesSEC filings

10 of 23of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

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

WMS report session

No linked exposure.

Oct 22impliedImplied move: ±9.4% into Nov 5 earnings (Oct 22 close).Source

Oct 58-KMaterial agreement: Securities Purchase Agreement with StormTrap Investors, L.L.C.Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.