PPG earnings analysis & trade

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

Oct. 17, 2019 BO +1.91%
July 18, 2019 BO +0.33%
April 18, 2019 BO +2.10%
Jan. 17, 2019 BO +4.70% Biggest UP
Oct. 18, 2018 BO +0.88%
July 19, 2018 BO -0.33%
April 19, 2018 BO -3.13%
Jan. 18, 2018 BO +3.41%
Oct. 19, 2017 BO +1.26%
July 20, 2017 BO -6.05% Biggest DOWN
April 20, 2017 BO +1.30%
Jan. 19, 2017 BO +0.83%

Avg (+ or -) 2.19%
Bias 0.60%, positive bias on earnings.

With stock at 131.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 125.90 to 136.10
Based on AVERAGE one-day move over last 12 quarters: 128.14 to 133.86
sed on MAXIMUM one-day move over last 12 Q’s (6.1%): 123.07 to 138.93
Based on UP max only (+4.7%): 137.16

Open to requests for other symbols.

#doublecalendar