What’s Halliburton’s Stock Price Forecast This Week?
Halliburton’s (HAL) implied volatility was 29.7% as of June 29. Since April 23, the day Halliburton released its first-quarter earnings, its implied volatility has increased. Halliburton accounts for 2.9% 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 remained unchanged since April 23—compared to a 13% fall in Halliburton’s stock price during the same period. The implied volatility signals a stock’s potential price movement from option holders’ perspective. ...