Whiting Petroleum’s Implied Volatility: Major Takeaways



Whiting Petroleum’s implied volatility

Currently, Whiting Petroleum (WLL) has an implied volatility of ~54.89%, 4.4% higher than its 15-day average of ~52.56%.

In comparison, Whiting Petroleum’s peers Oasis Petroleum (OAS) and Newfield Exploration (NFX) have implied volatilities of 54.3% and ~34%, respectively. These companies make up 6.3% of the Energy Select Sector SPDR ETF (XLE).

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Using WLL’s implied volatility to forecast its stock price range

Based on Whiting Petroleum’s implied volatility and assuming a normal distribution of stock prices (statistically known as the “bell-curve”) and one standard deviation (probability of 68.2%), WLL’s stock will likely close between $13.17 and $11.31 in the next seven days.

In the following part of this series, we’ll look at analysts’ price targets for WLL for the next 12 months.


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