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

April 4, 2019 BO +6.54%
Jan. 9, 2019 BO -12.41% Biggest DOWN
Oct. 4, 2018 BO +5.38%
June 29, 2018 BO -1.78%
March 29, 2018 BO +5.31%
Jan. 5, 2018 BO -0.21%
Oct. 5, 2017 BO +5.41%
June 29, 2017 BO +9.75% Biggest UP
April 6, 2017 BO +9.60%
Jan. 5, 2017 BO +0.47%
Oct. 5, 2016 BO +0.07%
June 30, 2016 BO +6.37%

Avg (+ or -) 5.28%
Bias 2.88%, positive bias on earnings.

With stock at 185.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 174.86 too 195.14
Based on AVERAGE move over last 12 quarters: 175.24 to 194.76
Based on MAXIMUM move over last 12 Q’s (12.4%): 162.04 to 207.96
Based on UP Max only (+9.8%): 203.04

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