#Earnings Bought $HON Jul19/Jul26 172.5 #DoubleCalendar for .67.
$HON reports tomorrow morning. Below are details on earnings one-day moves over the last 12 quarters.
April 18, 2019 BO +3.78% Biggest UP
Feb. 1, 2019 BO +0.75%
Oct. 19, 2018 BO -1.10%
July 20, 2018 BO +3.78%
April 20, 2018 BO +1.64%
Jan. 26, 2018 BO +1.94%
Oct. 20, 2017 BO +1.20%
July 21, 2017 BO +1.03%
April 21, 2017 BO +2.67%
Jan. 27, 2017 BO +0.38%
Oct. 21, 2016 BO +0.75%
July 22, 2016 BO -2.57% Biggest DOWN
Avg (+ or -) 1.80%
Bias 1.19%, positive bias on earnings.
With stock at 172.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 166.66 to 178.34
Based on AVERAGE move over last 12 quarters: 169.40 to 175.60
Based on MAXIMUM move over last 12 Q’s (3.8%): 165.98 to 179.02
Based on DOWN Max only (-2.6%): 168.07
Open to requests for other symbols.