Chesapeake Energy’s implied volatility trends
The current implied volatility for Chesapeake Energy (CHK) stock is ~48.3%, which is 5.2% lower than its 15-day average of ~51%. EQT (EQT) and Noble Energy (NBL) have lower implied volatilities of 27.9% and 28.9%, respectively.
Stock price forecast for the next week
Assuming that the stock prices are normally distributed with a standard deviation of one and using Chesapeake Energy’s implied volatility of 48.3%, we can estimate that Chesapeake Energy stock could close between $3.55 and $4.05 in the next seven days. Chesapeake Energy stock should stay within this range ~68% of the time.