How PSX’s Implied Volatility Trended Post-Earnings
Phillips 66 (PSX) posted its earnings on July 29, 2016. On the day, PSX’s implied volatility fell by 5% to 23.2 compared to the previous day.
![Maitali Ramkumar - Author](https://media.marketrealist.com/brand-img/B3rTvxF2z/200x200/img_20181231_204721-maitali-ramkumar-1595895220527.jpg)
Dec. 4 2020, Updated 10:53 a.m. ET
![uploads///IV](https://media.marketrealist.com/brand-img/D6kDtXGrj/480x251/uploads/2016/08/IV-3.jpg 480w, https://media.marketrealist.com/brand-img/D6kDtXGrj/640x335/uploads/2016/08/IV-3.jpg 640w, https://media.marketrealist.com/brand-img/D6kDtXGrj/768x402/uploads/2016/08/IV-3.jpg 768w, https://media.marketrealist.com/brand-img/D6kDtXGrj/1024x536/uploads/2016/08/IV-3.jpg 1024w, https://media.marketrealist.com/brand-img/D6kDtXGrj/1280x670/uploads/2016/08/IV-3.jpg 1280w, https://media.marketrealist.com/brand-img/D6kDtXGrj/1440x753/uploads/2016/08/IV-3.jpg 1440w, https://media.marketrealist.com/brand-img/D6kDtXGrj/1600x837/uploads/2016/08/IV-3.jpg 1600w, https://media.marketrealist.com/brand-img/D6kDtXGrj/2160x1130/uploads/2016/08/IV-3.jpg 2160w)
PSX’s implied volatility
Phillips 66 (PSX) posted its earnings on July 29, 2016. On the day, PSX’s implied volatility fell by 5% to 23.2 compared to the previous day. This is 8% lower than its 30-day average implied volatility that stands at 25.3. On the same day, PSX’s stock price fell by 0.25%.