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Upstream Stocks with High and Low Implied Volatility

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High implied volatility

As of July 1, 2016, EXCO Resources (XCO) has the highest implied volatility among upstream stocks. The company’s implied volatility is 137, which is ~2.2% lower than its 15-day average of 140.04.

Now let’s take a look at the implied volatilities of other upstream stocks on July 1.

  • Cobalt International Energy (CIE): implied volatility of 134.0, which is 9.1% higher than its 15-day average
  • California Resources (CRC): implied volatility of 127.8, which is 2.3.% higher than its 15-day average
  • Abraxas Petroleum Corporation (AXAS): implied volatility of 113.6, which is 9.1% higher than its 15-day average
  • Approach Resources (AREX): implied volatility of 96.5, which is 25.8% lower than its 15-day average
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Low implied volatility

As of July 1, EQT (EQT) has the lowest implied volatility among upstream stocks. Its implied volatility is 31.2, which is 0.3% lower than its 15-day average of 31.4.

Let’s look at some other upstream stocks with low implied volatilities as of July 1.

  • EOG Resources (EOG): implied volatility of 29.49, which is 8.8% lower than its 15-day average
  • Pioneer Natural Resources (PXD): implied volatility of 33.6, which is 1.9% lower than its 15-day average
  • Cimarex Energy (XEC): implied volatility of 37.2, which is 0.6% higher than its 15-day average
  • Apache (APA): implied volatility of 36.2, which is 8.8% lower than its 15-day average
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