#Earnings I’m looking at this for a double calendar. Decent IV crush with small historic moves. However, bid/ask pretty wide so it will depend on the mid-price I can get. I’ll see what I can do in the last hour of the day.

$KSU reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

Oct. 19, 2018 BO +3.35%
July 20, 2018 BO +2.39%
April 20, 2018 BO +1.55%
Jan. 19, 2018 BO -1.34%
Oct. 20, 2017 BO +1.35%
July 21, 2017 BO +1.13%
April 21, 2017 BO -2.84% Biggest DOWN
Jan. 20, 2017 BO +4.03%
Oct. 18, 2016 BO -2.24%
July 19, 2016 BO +1.88%
April 19, 2016 BO +4.97% Biggest UP
Jan. 22, 2016 BO +4.44%

Avg (+ or -) 2.63%
Bias 1.56%, positive bias on earnings.

With stock at 103.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 99.64 to 107.36
Based on AVERAGE move over last 12 quarters: 100.78 to 106.22
Based on MAXIMUM move over last 12 Q’s (5.0%): 98.36 to 108.64

Open for requests on other symbols.