What’s Halliburton’s Stock Price Forecast This Week?
Halliburton’s (HAL) implied volatility was 26.9% as of June 22. Since Halliburton released its first-quarter earnings on April 23, its implied volatility has increased. Halliburton accounts for 3.1% 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 decreased 1% since April 23—compared to an 11% fall in Halliburton’s stock price during the same period. The implied volatility signals a stock’s potential price movement from option holders’ perspective. ...