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Forecasting WLL’s Stock Range Using Implied Volatility

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Nov. 20 2020, Updated 5:17 p.m. ET

Implied volatility trends

The current implied volatility in Whiting Petroleum (WLL) is ~44.9%. In comparison, its peers Apache Corp. (APA) and Anadarko Petroleum (APC) have implied volatilities of ~30.8% and ~26.8%, respectively. The broader energy sector, represented by the Energy Select Sector SPDR ETF (XLE), has an implied volatility of ~16.5%.

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Forecasting WLL’s stock price range

Based on Whiting Petroleum’s implied volatility of ~44.9%, and assuming a normal distribution of stock prices with a standard deviation of 1.0 (or a probability of 68.0%), Whiting Petroleum stock could close between $45.96 and ~$52.04 in the next seven days. 

In the next article, we’ll discuss analysts’ opinions about Whiting Petroleum in the next seven days.

Check out the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look.

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