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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