Option update: Apache volatility at 38 as shares approach record high on $104 oil

Apache Corp. (NYSE: APA), an oil and gas exploration and development company, is recently trading at $115.10. Crude oil futures are at $104.10, up 4.60% according to Bloomberg. APA by all option implied volatility of 38 is above its 26-week average

of 34 according to Track notes, suggesting larger price movements.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Original post by Paul Foster

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