Apache’s implied volatility
The current implied volatility in Apache stock (APA) is ~50.5%, which is 1.2% higher than its 15-day average of ~31.3%.
Stock price forecasts
Apache’s implied volatility of ~50.5% can be used to forecast its stock range in the next seven days. Assuming a normal distribution of prices with one standard deviation, Apache stock could close between $35.45 and $40.77 in the next seven days. The stock could stay in this range 68.0% of the time.
For more insights on Apache, please read Alpine High: The Motor Driving Apache’s Permian Growth Engine?