#Earnings $RH reports tonight. Below are details on earnings one-day moves over the last 12 quarters.
Always a big mover. Expected move is less than average move, meaning options are underpriced.
Dec. 3, 2018 AC +10.90%
Sept. 4, 2018 AC -13.06%
June 11, 2018 AC +30.54%
March 27, 2018 AC +22.48%
Dec. 5, 2017 AC +0.79%
Sept. 6, 2017 AC +44.75%
June 1, 2017 AC -25.69%
March 28, 2017 AC +14.94%
Dec. 8, 2016 AC -18.13%
Sept. 8, 2016 AC +3.08%
June 8, 2016 AC -21.23%
March 29, 2016 AC +3.97%
Avg (+ or -) 17.46%
Bias 4.45%, positive bias on earnings.
With stock at 130.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 111.45 to 148.55
Based on AVERAGE move over last 12 quarters: 107.30 to 152.70
Based on MAXIMUM move over last 12 Q’s (44.8%): 71.83 to 188.18
Based on DOWN max only (-25.7%): 96.60
Open to requests for other symbols.