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

Implied ±11.0%, either direction.

ZNasdaqServices-Business Services, NEC

Zillow Group, Inc. (Z) earnings date, market-implied expected move, and options open interest by expiry

30.98

pre 31.69 +2.29%

Pre-market07:11 ETdelayed

Open31.17Volume1.6MMkt cap$7.0BP/E144.05EPS0.22

Day31.17 – 31.69100%52-wk27.25 – 74.809%

Zillow Group, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.0%implied · straddle

27.5834.38

spot 30.98exp Nov 20ATM strike 30ATM straddle 4.00IV 75%

Nov 3 close

Expected move

Inputs

Next report

Today

after close

confirmedQ3 FY26

Calendar

Next report

Last report

−7.40%

vs ±12.1% implied · ×0.61

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Linked news

1dOPEN · customerOpendoor appoints Michael Alfred to board, grants 57, 834 restricted stock units

News

Largest filed tie

13F top-10 QoQ

+6.18%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

416 managers

Top fund weight

—

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

Zillow (Z) reports on Nov 4 after close (confirmed date).

Implied vs realized

1 report

—≥ implied

Q2 FY26Aug 5 '26confirmed±12.1%▼−7.40%×0.61

quarterimplied−15%0+15%realized×

Q2 FY26±12.1%▼−7.40%×0.61

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

Implied vs realized

Positioning

OI · 5 expiries · Nov 3 close

1.44OI · 5 expiries · Nov 3 closeP/C open interest · Nov 20 · first expiry after the report

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

12,644−1%Nov 2016d8,795+4%

6,8480%Dec 1844d1.634,203+1%1.63

4,981+1%Jan 1572d0.2916,9720%0.29

2,432+1%Feb 19107d1.152,1100%1.15

2,3310%Mar 19135d0.1218,6940%0.12

ExpiryPutsCallsP/C

Nov 2016d12,644−1%8,795+4%1.44

Dec 1844d6,8480%4,203+1%1.63

Jan 1572d4,981+1%16,9720%0.29

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

Positioning

Linked exposure

No linked exposure.

Linked exposure

Revenue flow

as filedQ2 FY26

−0.51%as filednet margin · revenue +8.19% QoQ · +16.62% YoY

Revenue$779M+8.19%

Pre-tax income−$3M−106.25%

Net income−$4M−0.51%−108.70%

Tax$1M−50.00%

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 · 07:00 ET

Intraday

Event sensitivity

FOMC ×1.80· ±3.8% vs ±2.1% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±3.8%12 of 24×1.80

PPIproducer prices±3.8%4 of 10×1.76

NFPjobs report±3.5%3 of 10×1.64

CPIconsumer prices±2.1%3 of 10×1.00

CPROFcorporate profits±2.0%4 of 12×0.93

PCEpersonal income & outlays±1.8%9 of 19×0.86

GDPgross domestic product±1.8%8 of 19×0.85

Bar = avg |move| to ±4% · tick = ±2.1% avg day · ×base = |move| ÷ ±2.1% · min 6 releases

Earnings history

EPS -0.02 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	-0.02	—
Q1 FY26	—	0.19	—
Q3 FY25	—	0.04	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod