* UPDATE This is an update to the blog posted yesterday <b><a href="http://livevol.blogspot.com/2010/07/tcb.html">TCB Financial (TCB) - Earnings Preview and Vol Patterns</a></b>. TCB is trading $16.73 with IV30™ down 5.6%. <img src="http://1.bp.blogspot.com/_hMry1m7UF10/TD8XMqWx1RI/AAAAAAAADiA/vlyEICfX1I4/s1600/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 (<a href="http://livevol.blogspot.com/2010/07/tcb_15.html">in the article</a>). 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. The updated earnings and dividends stats are included (<a href="http://livevol.blogspot.com/2010/07/tcb_15.html">in the article</a>). This is trade analysis, not a recommendation. Details, trades, prices, vols, charts here: http://livevol.blogspot.com/2010/07/tcb_15.html