#Earnings $UBER reports tonight. Below are details on earnings one-day moves over its 3 quarters of existence.
Nov. 4, 2019 AC -9.84%
Aug. 8, 2019 AC -6.79%
May 30, 2019 AC +1.53%
Avg (+ or -) 6.05%
Bias -5.03%%, negative bias on earnings.
With stock at 37.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 33.88 to 40.12
Based on AVERAGE one-day move over last 3 quarters: 34.76 to 39.24
Based on MAXIMUM one-day move over last 3 Q’s (9.8%): 33.36 to 40.64
Based on UP max only (+1.5%): 37.57
Open to requests for other symbols.