Bullish option flow detected in Cenovus Energy with 5,343 calls trading, 3x expected, and implied vol increasing almost 2 points to 25.25%. Aug-24 22 calls and Jun-24 20 puts are the most active options, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 0.09. Earnings are expected on August 1st.
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