What WLL’s Implied Volatility Suggests for Its 1-Week Price Range



Whiting Petroleum’s implied volatility

Currently, Whiting Petroleum (WLL) has an implied volatility of ~48.1%–7.7%, which is lower than its 15-day average of ~52%.


In comparison, Whiting Petroleum’s peers Oasis Petroleum (OAS) and Newfield Exploration (NFX) have implied volatilities of ~49.2% and ~36%, 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 $10.37 and $11.85 in the next seven days.

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


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