TEVA earnings analysis

#Earnings
At @thomberg1201‘s request:

$TEVA reports in the morning. Below are details on earnings 1-day moves over the last 12 quarters.

Aug. 2, 2018 BO -9.46%
May 3, 2018 BO -4.40%
Feb. 8, 2018 BO -10.59%
Nov. 2, 2017 BO -19.90%
Aug. 3, 2017 BO -24.00% Biggest DOWN
May 11, 2017 BO 2.04%
Feb. 13, 2017 BO 5.62% Biggest UP
Nov. 15, 2016 BO -8.35%
Aug. 4, 2016 BO 3.50%
May 9, 2016 BO 5.05%
Feb. 11, 2016 BO -4.97%
Oct. 29, 2015 BO -3.38%

Avg + or – 8.44%
Bias -5.74%, strong negative bias on earnings.

With stock at 20.15, the data suggests these ranges.
Based on current IV (expected move per TOS): 18.11 to 22.19
Based on AVERAGE move over last 12 quarters: 18.45 to 21.85
Based on MAXIMUM move over last 12 Q’s (24%): 15.31 to 24.99

Open for requests on other symbols.

#shortstraddle