Devon Energy call volume above normal and directionally bullish
The Fly

Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy with 31,341 calls trading, 3x expected, and implied vol increasing over 1 point to 27.75%. Dec-23 45 calls and 12/22 weekly 45.5 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.35. Earnings are expected on February 20th.

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