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

May 19, 2020 BO -2.12%
Feb. 18, 2020 BO +1.47%
Nov. 14, 2019 BO -0.27%
Aug. 15, 2019 BO +6.11%
May 16, 2019 BO +1.43%
Feb. 19, 2019 BO +2.21%
Nov. 15, 2018 BO -1.96%
Aug. 16, 2018 BO +9.33%
May 17, 2018 BO -1.90%
Feb. 20, 2018 BO -10.17% Biggest DOWN
Nov. 16, 2017 BO +10.89% Biggest UP
Aug. 17, 2017 BO -1.58%

Avg (+ or -) 4.12%
Bias 1.12%, positive bias on earnings.

With stock at 135.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): CANNOT ACCESS
Based on AVERAGE one-day move over last 12 quarters: 129.44 to 140.56
Based on MAXIMUM one-day move over last 12 Q’s (+10.9%): 120.30 to 149.70
Based on DOWN max only (-10.2%): 121.27

Open to requests for other symbols.

#doublecalendar

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

April 23, 2020 AC +1.10%
Jan. 30, 2020 AC -6.03%
Oct. 23, 2019 AC +1.63%
July 23, 2019 AC +9.93% Biggest UP
April 23, 2019 AC -1.79%
Jan. 31, 2019 AC -1.00%
Oct. 23, 2018 AC -5.35%
July 26, 2018 AC -8.50%
April 24, 2018 AC -3.82%
Feb. 1, 2018 AC +3.81%
Oct. 24, 2017 AC -9.55% Biggest DOWN
July 26, 2017 AC +0.64%

Avg (+ or -) 4.43%
Bias -1.58%, negative bias on earnings.

With stock at 61.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 73.37 to 83.03 (+/- 6.2%)
Based on AVERAGE one-day move over last 12 quarters: 74.74 to 81.66
Based on MAXIMUM one-day move over last 12 Q’s (9.9%): 70.43 to 85.97
Based on DOWN max only (-9.6%): 70.73

Open to requests for other symbols.

#doublecalendar

#Earnings . Bought to close $TAP Feb 14th 58 calls for .10. This will clear the way for a bigger profit if stock recovers. #DoubleCalendar bought yesterday for .17 and .20

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

Oct. 30, 2019 AC +1.75%
July 31, 2019 AC +1.94%
May 2, 2019 AC -11.04% Biggest DOWN
Feb. 6, 2019 BO +4.62%
Oct. 30, 2018 BO -3.90%
Aug. 2, 2018 BO -6.37%
May 7, 2018 BO -5.24%
Feb. 7, 2018 BO +3.54%
Nov. 1, 2017 BO -2.81%
Aug. 3, 2017 BO +2.08%
May 5, 2017 BO +4.06%
Feb. 8, 2017 BO +4.94% Biggest UP

Avg (+ or -) 4.36%
Bias -0.54%, negative bias on earnings.

With stock at 64.90 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 61.81 to 67.99
Based on AVERAGE one-day move over last 12 quarters: 62.07 to 67.73
Based on MAXIMUM one-day move over last 12 Q’s (11.0%): 57.74 to 72.06
Based on UP max only (+4.9%): 68.11

Open to requests for other symbols.

#doublecalendar

#Earnings STC $HSY Jan31/Feb07 150/152.5 #DoubleCalendar for .417. Bought yesterday for .69.

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

Oct. 24, 2019 BO -2.23%
July 25, 2019 BO +2.01%
April 25, 2019 BO +4.58%
Jan. 31, 2019 BO +0.49%
Oct. 25, 2018 BO -4.92%
July 26, 2018 BO +7.35% Biggest UP
April 26, 2018 BO -0.26%
Feb. 1, 2018 BO -5.94% Biggest DOWN
Oct. 26, 2017 BO -5.27%
July 26, 2017 BO -1.34%
April 26, 2017 BO -0.88%
Feb. 3, 2017 BO +1.31%

Avg (+ or -) 3.05%
Bias -0.43%, negative bias on earnings.

With stock at 151.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 145.75 to 157.25
Based on AVERAGE one-day move over last 12 quarters: 146.88 to 156.12
Based on MAXIMUM one-day move over last 12 Q’s (7.4%): 140.36 to 162.64
Based on DOWN max only (-5.9%): 142.50

Open to requests for other symbols.

#doublecalendar

#Earnings It’s going in the wrong direction, so gotta close.

Sold to close $MCD Jan31/Feb07 212.5 #DoubleCalendar for 1.151 (avg price). Bought yesterday for .839

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

Oct. 22, 2019 BO -5.04% Biggest DOWN
July 26, 2019 BO +0.53%
April 30, 2019 BO +0.22%
Jan. 30, 2019 BO -0.21%
Oct. 23, 2018 BO +6.31% Biggest UP
July 26, 2018 BO -1.73%
April 30, 2018 BO +5.77%
Jan. 30, 2018 BO -2.97%
Oct. 24, 2017 BO +0.33%
July 25, 2017 BO +4.75%
April 25, 2017 BO +5.56%
Jan. 23, 2017 BO -0.71%

Avg (+ or -) 2.84%
Bias 1.07%, positive bias on earnings.

With stock at 212.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 205.74 to 218.26
Based on AVERAGE one-day move over last 12 quarters: 205.97 to 218.03
Based on MAXIMUM one-day move over last 12 Q’s (6.3%): 198.62 to 225.38
Based on DOWN max only (-5.0%): 201.32

Open to requests for other symbols.

#doublecalendar

#Earnings Sold to close $CTXS Jan24/Jan31 119 #DoubleCalendar for .05. Bought for .47 on Wednesday. I had three Dub Cal orders working that day. This was the only one that filled, and the only of the three that was a loser! (I closed only the call side. Long puts are a lottery ticket for next week)

#Earnings Sold to close $UAL Jan24/Jan31 85 #DoubleCalendar for .85. Bought for .46 on Tuesday.

$CTXS from yesterday not looking good; need a pullback.

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

Oct. 15, 2019 AC +2.07%
July 16, 2019 AC +0.91%
April 16, 2019 AC +4.77%
Jan. 15, 2019 AC +6.35%
Oct. 16, 2018 AC +5.95%
July 17, 2018 AC +8.78%
April 17, 2018 AC +4.81%
Jan. 23, 2018 AC -11.44%
Oct. 18, 2017 AC -12.07%
July 18, 2017 AC -5.90%
April 17, 2017 AC -4.26%
Jan. 17, 2017 AC +0.35%

Avg (+ or -) 5.64%
Bias 0.03%, no bias bias on earnings.

With stock at 85.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 80.38 to 89.62
Based on AVERAGE one-day move over last 12 quarters: 80.21 to 89.79
Based on MAXIMUM one-day move over last 12 Q’s (12.1%): 74.74 to 95.26
Based on UP max only (+8.8%): 92.46

***NOTE: 5-day maxes are -14.63% and +11.42%

Open to requests for other symbols.

#doublecalendar

#Earnings Sold to close $PPG Jan17/Jan24 131 #DoubleCalendar for .12. Bought Wednesday for .50.

Several chances to get out at small profit or breakeven. The rage of profitability really decreases quickly as we approach expiration. I need to take money and run and quit waiting for the long shot of a jackpot.

#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

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

Oct. 16, 2019 BO -0.28%
July 17, 2019 BO +0.66%
April 12, 2019 BO +3.09% Biggest UP
Jan. 16, 2019 BO +0.07%
Oct. 12, 2018 BO -5.58% Biggest DOWN
July 13, 2018 BO +0.23%
April 13, 2018 BO -4.11%
Jan. 12, 2018 BO +0.23%
Oct. 13, 2017 BO -1.12%
July 14, 2017 BO -0.11%
April 13, 2017 BO -0.17%
Jan. 13, 2017 BO +0.72%

Avg (+ or -) 1.36%
Bias -0.53%, negative bias on earnings.

With stock at 160.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 155.41 to 164.59
Based on AVERAGE one-day move over last 12 quarters: 157.82 to 162.18
sed on MAXIMUM one-day move over last 12 Q’s (5.6%): 151.07 to 168.93
Based on UP max only (+3.1%): 164.94

Open to requests for other symbols.

#doublecalendar

#Earnings . Bought to Open $ACN Dec20/Dec27 202.5 #DoubleCalendar for .55. Only partial fill. Probably need to bid higher now to get filled.

#Earnings Bought to Open $FDX Dec20/Dec27 162.5 #DoubleCalendar for .85.

#Earnings Sold to close $ADSK Nov29/Dec06 170 #DoubleCalendar for .92. Bought for .65 yesterday.

Started the morning nicely, but looks like a runner.

#Earnings Bought to Open $ADSK Nov29/Dec06 170 #DoubleCalendar for .65. Had the order on for a couple hours… just filled on one. As has been the case with these trades, they can fill slowly as we near the bell.

Lower probability as ADSK has moved on earnings a fair amount. But most recent quarters has below average moves.

#Earnings Sold ro close $BBY Nov29/Dec06 74 #DoubleCalendar for .30. Bought yesterday for .54. My bad streak on earnings continues, but not painful today.

#Earnings Bought to Open $BBY Nov29/Dec06 74 #DoubleCalendar for .50. Partial fill so far, not raising my price.

#Earnings Been striking out on recent #DoubleCalendar trades…

Paid .01 to close put calendar on $INTU, bought yesterday for 1.35. This one is a disappointment as it is more expensive than most of these trades, and these higher priced stocks rarely result in a full loss. The morning looked promising but it spent the whole day sinking. It does, however, have a better chance than most of producing some return on the long 272.5 long call lottery ticket next week.

$HD, sold the long puts yesterday, expecting some bounce, but it fell further. So holding the stock for next week.

#Earnings I was assigned $HD shares at 237.50 last night. Today, I sold the Nov 29th long 237.5 puts for 18.20. Plan to sell the stock on next move higher… hopefully for about 220.00 which would make the trade almost break-even.

Original trade: $HD Nov22/Nov29 237.5 #DoubleCalendar for .82 on Monday.

Looks like the INTU trade has a better chance of working.

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

Aug. 20, 2019 BO +4.39% Biggest UP
May 21, 2019 BO +0.26%
Feb. 26, 2019 BO -0.88%
Nov. 13, 2018 BO -0.23%
Aug. 14, 2018 BO -0.53%
May 15, 2018 BO -1.62%
Feb. 20, 2018 BO -0.13%
Nov. 14, 2017 BO +1.63%
Aug. 15, 2017 BO -2.65% Biggest DOWN
May 16, 2017 BO +0.59%
Feb. 21, 2017 BO +1.41%
Nov. 15, 2016 BO -2.56%

Avg (+ or -) 1.41%
Bias -0.03%, no significant bias on earnings.

With stock at 237.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 229.57 to 245.43
Based on AVERAGE one-day move over last 12 quarters: 234.16 to 240.84
sed on MAXIMUM one-day move over last 12 Q’s (4.4%): 227.07 to 247.93
Based on DOWN max only (-2.7%): 231.21

Open to requests for other symbols.

#doublecalendar

#Earnings Closed put side of $CSCO Nov15/Nov22 48.5 #DoubleCalendar for .00 on TOS, for a .01 debit on IB. The short calls will expire, long calls a lottery ticket for next week.

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

Aug. 14, 2019 AC -8.61% Biggest DOWN
May 15, 2019 AC +6.65% Biggest UP
Feb. 13, 2019 AC +1.89%
Nov. 14, 2018 AC +5.50%
Aug. 15, 2018 AC +2.96%
May 16, 2018 AC -3.76%
Feb. 14, 2018 AC +4.72%
Nov. 15, 2017 AC +5.18%
Aug. 16, 2017 AC -4.01%
May 17, 2017 AC -7.21%
Feb. 15, 2017 AC +2.37%
Nov. 16, 2016 AC -4.81%

Avg (+ or -) 4.81%
Bias 0.07%, no significant bias on earnings.

With stock at 48.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 46.22 to 50.78
Based on AVERAGE one-day move over last 12 quarters: 46.17 to 50.83
sed on MAXIMUM one-day move over last 12 Q’s (8.6%): 44.32 to 52.68
Based on UP max only (+6.7%): 51.73

Open to requests for other symbols.

#doublecalendar

#Earnings . Sold to close $SWKS Nov15/Nov22 101 #DoubleCalendar for 1.40. Bought yesterday for .732.
Only partial fill so far.

#Earnings Bought to open $SWKS Nov15/Nov22 101 #DoubleCalendar for 0.732 (avg price).

#Earnings . Sold to close $SQ Nov08/Nov15 61 #DoubleCalendar for 1.00. Bought Wednesday for .48

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

Aug. 1, 2019 AC -14.05% Biggest DOWN
May 1, 2019 AC -7.98%
Feb. 27, 2019 AC +2.42%
Nov. 7, 2018 AC -9.02%
Aug. 1, 2018 AC +8.65%
May 2, 2018 AC +1.13%
Feb. 27, 2018 AC +0.30%
Nov. 8, 2017 AC +3.40%
Aug. 2, 2017 AC -4.68%
May 3, 2017 AC +8.86%
Feb. 22, 2017 AC +14.02% Biggest UP
Nov. 1, 2016 AC +6.41%

Avg (+ or -) 6.74%
Bias 0.79%, positive bias on earnings.

With stock at 61.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 55.48 to 66.52
Based on AVERAGE one-day move over last 12 quarters: 56.89 to 65.11
Based on MAXIMUM one-day move over last 12 Q’s (14.1%): 52.43 to 69.57
Based on UP max only (+14.0%): 69.55

Open to requests for other symbols.

#doublecalendar

#Earnings . Sold to close $FB Nov01/Nov08 187.5 #DoubleCalendar for 2.10. Bought yesterday for 1.00.

#Earnings Bought to open $FB Nov01/Nov08 187.5 #DoubleCalendar for 1.00.

#Earnings Sold to close $HLF Nov01/Nov08 40.5 #DoubleCalendar for .22. Bought yesterday for .38. It’s running higher with no intention of stopping…. grabbed what’s available before it gets to zero.

#Earnings BTC $EW Oct25/Nov01 222.5p/225c #DoubleCalendar for 1.92 (avg price). Bought yesterday for 1.60.

#Earnings Bought $BUD Oct25/Nov01 92 #DoubleCalendar for .55.

#Earnings Sold to close $FFIV Oct25/Nov01 139 #DoubleCalendar for .35. Bought yesterday for .79. I think you can get more, and if there’s a bigger pullback this could turn into profit. This was only a small position for me.

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

July 24, 2019 AC -0.65%
April 24, 2019 AC -1.08%
Jan. 23, 2019 AC -2.22%
Oct. 24, 2018 AC +6.10%
July 25, 2018 AC +1.07%
April 25, 2018 AC +0.89%
Jan. 24, 2018 AC -5.05%
Oct. 25, 2017 AC +3.97%
July 26, 2017 AC -7.16%
April 26, 2017 AC -7.50%
Jan. 25, 2017 AC -8.25% Biggest DOWN
Oct. 26, 2016 AC +9.57% Biggest UP

Avg (+ or -) 4.46%
Bias -0.86%, negative bias on earnings.

With stock at 139.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 131.49 to 146.51
Based on AVERAGE one-day move over last 12 quarters: 132.80 to 145.20
Based on MAXIMUM one-day move over last 12 Q’s (9.6%): 125.70 to 152.30
Based on DOWN max only (-8.3%): 127.53

Open to requests for other symbols.

#doublecalendar

#Earnings Sold to close $WHR Oct25/Nov01 160 #DoubleCalendar for 1.90. Bought yesterday for .77

#Earnings Bought $EW Oct25/Nov01 222.5p/225c #DoubleCalendar for 1.60.

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

July 22, 2019 BO +0.10%
April 22, 2019 AC +0.40%
Jan. 28, 2019 AC +9.66% Biggest UP
Oct. 24, 2018 AC +6.78%
July 23, 2018 AC -14.52% Biggest DOWN
April 23, 2018 AC +3.75%
Jan. 24, 2018 AC +2.30%
Oct. 23, 2017 AC -10.54%
July 26, 2017 AC -6.28%
April 25, 2017 BO +3.51%
Jan. 26, 2017 BO -8.54%
Oct. 25, 2016 BO -10.77%

Avg (+ or -) 6.43%
Bias -2.01%, negative bias on earnings.

With stock at 161.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 151.16 to 170.84
Based on AVERAGE one-day move over last 12 quarters: 149.71 to 170.29
Based on MAXIMUM one-day move over last 12 Q’s (14.5%): 136.77 to 183.23
Based on UP max only (+9.7%): 175.46

Open to requests for other symbols.

#doublecalendar

#Earnings Sold to close $TEAM Oct18/Oct25 122 #DoubleCalendar for 1.60. Bought yesterday for 1.34

The time to close this was at the open…. it unfortunately dropped most of the day, but then came back enough to give us a small profit.

#Earnings Sold to close $HON Oct18/Oct25 165 #DoubleCalendar for .96. Bought yesterday for .86, so I basically covered commissions. Now it has pulled back and better profit is available. But that’s three calendars in one day… one breakeven, one 50% winner, one double+.

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

July 25, 2019 AC +8.57%
April 17, 2019 AC -8.31%
Jan. 17, 2019 AC -2.42%
Oct. 18, 2018 AC -14.29% Biggest DOWN
July 26, 2018 AC +10.48%
April 19, 2018 AC -6.53%
Jan. 18, 2018 AC -4.55%
Oct. 19, 2017 AC +24.64% Biggest UP
July 27, 2017 AC -2.18%
April 27, 2017 AC +3.01%
Jan. 19, 2017 AC +2.22%
Oct. 27, 2016 AC -3.92%

Avg (+ or -) 7.59%
Bias 0.56%, slight positive bias on earnings.

With stock at 122.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 112.00 to 132.00
Based on AVERAGE one-day move over last 12 quarters: 112.74 to 131.26
Based on MAXIMUM one-day move over last 12 Q’s (24.6%): 91.94 to 152.06
Based on DOWN max only (-14.3%): 104.57

Open to requests for other symbols.

#doublecalendar

#Earnings . Sold to close $URI Oct18/Oct25 122p/123p #DoubleCalendar for 1.55. Possible to get over 2.00 now. Bought yesterday for .97 – 1.05.

#Earnings Sold to close $NFLX Oct18/Oct25 285 #DoubleCalendar for 3.00. Bought yesterday for 1.37. You will be able to get more if price continued to drop toward the strike.

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

July 18, 2019 BO +3.11%
April 18, 2019 BO +3.78% Biggest UP (tie)
Feb. 1, 2019 BO +0.75%
Oct. 19, 2018 BO -1.10% Biggest DOWN (also the ONLY down)
July 20, 2018 BO +3.78% Biggest UP (tie)
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%

Avg (+ or -) 1.84%
Bias 1.66%, strong positive bias on earnings.

With stock at 164.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 158.36 to 169.64
Based on AVERAGE one-day move over last 12 quarters: 160.98 to 167.02
Based on MAXIMUM one-day move over last 12 Q’s (3.8%): 157.80 to 170.20
Based on DOWN max only (-1.1%): 162.20

Open to requests for other symbols.

#doublecalendar

#Earnings Bought to Open $URI Oct18/Oct25 122p/123c #DoubleCalendar for 1.00. Not filled on all yet. Got one for .97 on TOS.

#Earnings Bought to open $NFLX Oct18/Oct25 285 #DoubleCalendar for 1.37. This stock has typically been too volatile after earnings to be appropriate for this strategy. But two things: NFLX post-earnings moves have quieted in the last couple years, and the Dub-Cals perform well with higher priced stocks.

#Earnings Sold to close $DPZ Oct11/Oct18 242.5 #DoubleCalendar for 2.05. Bought Tuesday for 1.05. Only got filled on a 1-lot; should have forced the issue!

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

July 16, 2019 BO -8.66%
April 24, 2019 BO +4.89%
Feb. 21, 2019 BO -9.14%
Oct. 16, 2018 BO -4.87%
July 19, 2018 BO -2.44%
April 26, 2018 BO +7.31% Biggest UP
Feb. 20, 2018 BO +0.33%
Oct. 12, 2017 BO -3.73%
July 25, 2017 BO -10.08% Biggest DOWN
April 27, 2017 BO +2.53%
Feb. 28, 2017 BO +2.36%
Oct. 18, 2016 BO +4.89%

Avg (+ or -) 5.10%
Bias -1.38%, negative bias on earnings.

With stock at 242.50 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 225.42 to 259.58
Based on AVERAGE one-day move over last 12 quarters: 230.13 to 254.87
Based on MAXIMUM one-day move over last 12 Q’s (10.1%): 218.06 to 266.94
Based on UP max only (+7.3%): 260.23

Open to requests for other symbols.

#doublecalendar

#Earnings . Sold to close $COST Oct04/Oct11 285 #DoubleCalendar for 4.00. Bought yesterday for 2.00.

I thought I was asking too much to start at 4.00, but it filled at the bell. Could have gotten more.

#Earnings Bought to Open $COST Oct04/Oct11 285 #DoubleCalendar for 2.00. Order was put in hours ago, took awhile to fill.

#Earnings. Sold to close $KMX Sept 27/Oct04 86 #DoubleCalendar for 1.01 – 1.05, and the stock price hovered around the strike price. Bought yesterday for .48. Meanwhile, hell breaks loose.

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

June 21, 2019 BO +3.18%
March 29, 2019 BO +9.61%
Dec. 21, 2018 BO +3.94%
Sept. 26, 2018 BO -1.60%
June 22, 2018 BO +12.86%
April 4, 2018 BO +4.61%
Dec. 21, 2017 BO -3.60%
Sept. 22, 2017 BO +7.77%
June 21, 2017 BO +0.80%
April 6, 2017 BO +2.36%
Dec. 20, 2016 BO +6.09%
Sept. 21, 2016 BO -2.04%

Avg (+ or -) 4.87%
Bias 3.67%, strongly positive bias on earnings.

NOTE: The 5-day results are still bullish, but less so, as extreme one-day up moves tended to fade over the following days.

With stock at 86.00 the data suggests these ranges:
Based on current IV (expected move into Friday per TOS): 79.60 to 92.40
Based on AVERAGE one-day move over last 12 quarters: 81.81 to 90.19
Based on MAXIMUM one-day move over last 12 Q’s (12.9%): 74.94 to 97.06
Based on DOWN max only (-3.6%): 82.90

Open to requests for other symbols.

#doublecalendar

#Earnings. Sold to close $ADBE Sept 20th 282.5 #DoubleCalendar for 3.82. Bought yesterday for 1.89 (avg price).

#Earnings. Bought to Open $ADBE Sept20/Sept27 282.5 #DoubleCalendar for 1.83. Filled on TOS, I am having to bid higher on IB.