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Options Wednesday: A Comparison of Implied Volatility of the US Oil Sector

Oct 31, 2018

The Data Daily: Where the charts tell the story

This week's Options Wednesday focuses on a comparison of implied volatility of the US Banking Sector,

 

After reviewing the graphs below, we highlight:

 

  • Weakness in West Texas Oil due to increased rig counts and over supply continues to plague the earnings outlook for the energy sector
  • Outside of a resolution to the trade war and a stabilization to global growth, crude prices continue to look vulnerable
  • Implied Volatility continues to climb as a result of these factors

 

Exploration & Production - iShares U.S. Oil & Gas Exploration & Production ETF (IEO) - 30-day Implied Volatility

U.S. Oil Equipment & Services - iShares U.S. Oil Equipment & Services ETF (IEZ) - 30-day Implied Volatility

 

 

ConocoPhillips (COP) - 30-day Implied Volatility

Occidental Petroleum Corporation (OXY) - 30-day Implied Volatility

Anadarko Petroleum Corporation (APC) - 30-day Implied Volatility

Marathon Oil Corporation (MRO) - 30-day Implied Volatility