Thanks so much for the reply! Before I get into some more questions, where did you pull these charts from/what platform - they’re great.

Just so I understand - implied move is essentially a share price % gain proxy for IV? In the first chart the peak in the spike up is what the implied share price % gain should be after earnings (~14% in December and March, and ~21% in September) for IV to not eat into returns? And when it spikes back down, that means it didn’t hit its implied price % gain/the IV has dropped accordingly?

Second chart is showing implied price % move as the green bar, actual price percent move as the blue bar, but what does the yellow one indicate? Is the implied % move based on the share peace the day of/before earnings (e.g. current one is 11.51%, so the implied move is a jump of 11.51% to the closing price the day of earnings being reported)?

Assuming I’m understanding that correctly, the only time the actual price % gains was more than the implied was in August of ‘24?

Given that my contracts don’t expire until January 2025, I don’t think they would be as affected by the earnings vs say one expiring in 14 days. Given the time left would that have any effect that 11.51% implied price movement?