SBUX earnings trade & analysis

#Earnings Bought to Open $SBUX Jul26/Aug02 90p/91c #DoubleCalendar for .38.

$SBUX reports tonight. Below are details on earnings one-day moves over the last 12 quarters.

April 25, 2019 AC +0.44%
Jan. 24, 2019 AC +3.62%
Nov. 1, 2018 AC +9.70% Biggest UP
July 26, 2018 AC +1.36%
April 26, 2018 AC -1.71%
Jan. 25, 2018 AC -4.22%
Nov. 2, 2017 AC +2.11%
July 27, 2017 AC -9.24% Biggest DOWN
April 27, 2017 AC -2.02%
Jan. 26, 2017 AC -4.00%
Nov. 3, 2016 AC +1.89%
July 21, 2016 AC +0.52%

Avg (+ or -) 3.40%
Bias -0.13%, no significant bias on earnings.

With stock at 90.80 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 86.35 to 95.25
Based on AVERAGE one-day move over last 12 quarters: 87.71 to 93.89
Based on MAXIMUM one-day move over last 12 Q’s (9.7%): 81.99 to 99.61
Based on DOWN max only (-9.2%): 82.41

Open to requests for other symbols.