Bullish option flow detected in Cenovus Energy (CVE) with 6,822 calls trading, 1.8x expected, and implied vol increasing almost 3 points to 36.79%. Jul-25 16 calls and Jul-25 14 puts are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.48. Earnings are expected on July 31st.
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