#Earnings — $BURL reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.

I’m posting this one because it has a remarkably bullish response to earnings. Also, in a very long weekly squeeze. Will probably do a bullish butterfly, or maybe try my first #JadeLizard.

Nov. 28, 2018 BO +12.78%
Aug. 30, 2018 BO -0.86%
May 31, 2018 BO +7.11%
March 8, 2018 BO +5.84%
Nov. 21, 2017 BO -1.51%
Aug. 24, 2017 BO +1.36%
May 25, 2017 BO +4.90%
March 2, 2017 BO +6.66%
Nov. 22, 2016 BO +15.98% Biggest UP
Aug. 25, 2016 BO +3.12%
May 26, 2016 BO +7.44%
March 3, 2016 BO -2.78% Biggest DOWN

Avg (+ or -) 5.86%
Bias 5.00%, very strong positive bias on earnings.

With stock at 170.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 158.81 to 181.19
Based on AVERAGE move over last 12 quarters: 160.04 to 179.96
Based on MAXIMUM move over last 12 Q’s (16.0%): 142.83 to 197.17
Based on Max DOWN only (-2.8%): 165.27

Open to requests for other symbols.