Whiting Petroleum’s implied volatility
Whiting Petroleum’s (WLL) current implied volatility is ~69.3%—6.7% lower than its 15-day average.
To learn more about Oasis Petroleum and Apache’s performance in 2Q17, read Oasis Petroleum’s 2Q17 Results: Close to Expectations and Why Apache Stock Fell on 2Q17 Results.
Stock price range forecast for next week
Based on Whiting Petroleum’s implied volatility of ~69.3%, we can forecast that its stock could close between $4.74 and $5.76 in the next seven days. The price range is based on the assumption that prices are normally distributed with a standard deviation of one (or a probability of ~68%).