#Earnings Bought to Open $LMT Apr26/May03 315 #DoubleCalendar for .76 and .77
$LMT reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
Jan. 29, 2019 BO +1.45%
Oct. 23, 2018 BO -1.66%
July 24, 2018 BO +1.33%
April 24, 2018 BO -6.16% Biggest DOWN
Jan. 29, 2018 BO +1.89%
Oct. 24, 2017 BO -2.36%
July 18, 2017 BO -0.58%
April 25, 2017 BO -2.24%
Jan. 24, 2017 BO -1.77%
Oct. 25, 2016 BO +7.36% Biggest UP
July 19, 2016 BO +1.04%
April 26, 2016 BO +2.58%
Avg (+ or -) 2.54%
Bias 0.07%, no significant bias on earnings.
With stock at 315.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 302.98 to 327.02
Based on AVERAGE move over last 12 quarters: 307.01 to 322.99
Based on MAXIMUM move over last 12 Q’s (7.4%): 291.82 to 338.18
Based on DOWN max only (-6.2%): 295.60
Open to requests for other symbols.