Bullish option flow detected in Cenovus Energy with 14,972 calls trading, 5x expected, and implied vol increasing over 1 point to 34.52%. Feb-24 17 calls and Jan-25 35 calls are the most active options, with total volume in those strikes near 13,300 contracts. The Put/Call Ratio is 0.04. Earnings are expected on February 15th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CVE: