Continental Resources’ Implied Volatility after 4Q16 Earnings


Nov. 20 2020, Updated 4:25 p.m. ET

Implied volatility

Continental Resources’ (CLR) current implied volatility is 35.4%. That’s about 9.0% lower than its 15-day average of 40.0%. As you can see in the graph below, Continental Resources’ implied volatility has fallen considerably since last year.

Article continues below advertisement

Volatilities for CLR’s peers

Continental Resources’ peers Anadarko Petroleum (APC), Apache (APA), and Cimarex Energy (XEC) have current implied volatilities of ~25.9%, ~27.5%, and 28.2%, respectively. These companies make up 6.3% of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP).

To learn more about APA, see Will Alpine High Become Apache’s Point of No Return?


More From Market Realist