Analyzing Halliburton’s Stock Price Forecast This Week

Halliburton’s (HAL) implied volatility was 23.1% as of July 27. Since July 23, the day Halliburton released its first-quarter earnings, its implied volatility has decreased. Halliburton accounts for 2.7% of the SPDR S&P Oil & Gas Equipment & Services ETF (XES). XES provides exposure to the energy sector’s oil and gas equipment and services segment. XES has increased 3% since July 23—compared to a 0.6% rise in Halliburton’s stock price during the same period. The implied volatility signals a stock’s potential price movement from option holders’ perspective. ...