Has Implied Volatility in CVX Risen ahead of Its 4Q16 Earnings?



Implied volatility in CVX

Implied volatility in Chevron (CVX) currently stands at 19.9%, up from its December 19, 2016, level of 15.6%. During the same period, Chevron stock fell 1.5%.

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Peers’ implied volatility

Chevron’s (CVX) peer ExxonMobil (XOM) has the lowest implied volatility, standing at 17%. On the other hand, Petrobras (PBR) has the highest implied volatility, standing at 40%.

Suncor Energy (SU) and BP (BP) have higher implied volatilities than CVX, standing at 20.7% and 20.2%, respectively. If you’re looking for exposure to energy sector stocks, you can consider the Energy Select Sector SPDR ETF (XLE).


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