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Stock Price Range: How Will OAS Trade in the Next 7 Days?

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Nov. 20 2020, Updated 11:08 a.m. ET

Oasis Petroleum’s implied volatility

On February 16, implied volatility in Oasis Petroleum’s (OAS) stock was ~59%, which was ~2% lower than its 15-day average of ~60%.

Oasis Petroleum’s peers, in comparison, Continental Resources (CLR) and Sanchez Energy (SN), have implied volatilities of 40.58% and ~81.4%, respectively.

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Forecasting Oasis Petroleum’s stock price range

Considering Oasis Petroleum’s (OAS) implied volatility and assuming a normal distribution of stock prices with a standard deviation of 1, (or a probability of 68.2%), OAS’s stock is likely to close between $7.29 and $8.57 in the next seven days.

To learn more about Oasis Petroleum, read A Look at Oasis Petroleum’s Plans for 2017 and 2018.

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