Cenovus Energy call volume above normal and directionally bullish
The Fly

Cenovus Energy call volume above normal and directionally bullish

Bullish option flow detected in Cenovus Energy with 4,524 calls trading, 3x expected, and implied vol increasing almost 2 points to 25.39%. Aug-24 19 calls and Dec-24 20 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.13. Earnings are expected on August 1st.

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