Chesapeake Energy (CHK) volatility stays low on oil below $45 and board departures

September 27, 2016 1:02 PM EDT

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Chesapeake Energy (NYSE: CHK) is recently down 9% after as oil's slide below $45 and board member resignations. Option implied volatility index mean is at 78, compared to its 52-week range of 62 to 240, according to Livevol.

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