This is an update to the blog posted yesterday TCB Financial (TCB) - Earnings Preview and Vol Patterns.
TCB is trading $16.73 with IV30™ down 5.6%. The LIVEVOL™ Pro Summary is below.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhCbiwNp8Nm-0r_SsxSWVDLaxfC-rhemkrXh2MNgOSRPGOV6_1-cpXavzDslDnYusts-JVKdQrzzbxqUxe46MgUqSCyeJC6mgt7zcv4tTZTfXgSCdLmlvPWkJ1mQPv6yCkcyPiiLeHsKcwG/s400/tcb_summary_update.gif)
In yesterday's article I noted that:
TCB has followed a consistent pattern for five out of the last six earnings starting with the 1-22-2009 cycle and ending with the last earnings cycle on 4-22-2010. Specifically, a straddle sale at the close on the day of earnings and a purchase back the day after was a winner five times.
TCB released earnings this morning, the Options Tab today (after earnings) is included (click to enlarge).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEho5VBINymrOryE1LXkUpESPp2N93GuhwFmLoBzw5nzVCDhEN0KMyvCFN3zkWVeGbk26uXmP4U-LeJkA9CG4_L3uFc7c0jjX29RrWcMhdfNxO-x9mULvBkwwbWWAL8RGBqhBOr1um5qvYyd/s400/tcb_options_update.gif)
We can see the ATM straddle is now worth $0.95. Yesterday, the straddle was worth the same. The one day trade pretty much just burned commissions (boo...). The updated earnings and dividends stats are included (click to enlarge).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjWmENXtARWUvDazO9ySEVDLt9NocbYFOubGgRZZVYhTz13Me6BMNB6o00mZ1J-boJlVG2neeG06ygBxMVa1gVExA0qwely4nEDvAJIRv-vhOjj6TTISdrzYHZJbGog5Dl05lx30vofgdVo/s400/tcb_ed_stats_update.gif)
This is trade analysis, not a recommendation.
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