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Top 5 Upstream Stocks with High and Low Implied Volatilities

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High implied volatility

On July 29, 2016, Stone Energy (SGY) had the highest implied volatility among the upstream stocks. Its implied volatility was ~171.1%. This is ~39.70% less than its 15-day average of 283.8%.

Now, let’s take a look at the implied volatilities of other upstream stocks on July 29:

  • Bonanza Creek Energy (BCEI) had an implied volatility of ~149.9%. This is ~4.7% less than its 15-day average.
  • Rex Energy (REXX) had an implied volatility of ~142%. This is 6.80% lower than its 15-day average.
  • Comstock Resources (CRK) had an implied volatility of ~139.7%. This is ~9.08% lower than its 15-day average.
  • Halcón Resources (HK) had an implied volatility of 100.5%. This is ~29.6% lower than its 15-day average.
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Low implied volatility

On July 29, EQT (EQT) had the lowest implied volatility among the upstream stocks. Its implied volatility was ~27.6%. This ~14.7% less than its 15-day average of ~29.3%.

Let’s look at some other upstream stocks with low implied volatilities on July 29:

  • EOG Resources (EOG) had an implied volatility of ~28.2%. This is ~1.8% lower than its 15-day average.
  • Pioneer Natural Resources (PXD) had an implied volatility of ~29.4%. This is 10.80% lower than its 15-day average.
  • ConocoPhillips (COP) had an implied volatility of ~31.4%. This is 4.7% lower than its 15-day average.
  • Diamondback Energy (FANG) had an implied volatility of ~32.4%. This is 1.8% lower than its 15-day average.

In the next part of this series, we’ll look at the returns of some upstream stocks with high and low implied volatilities.

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