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Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy with 18,192 calls trading, 1.3x expected, and implied vol increasing over 3 points to 29.85%. 8/2 weekly 50 calls and Jan-25 45 calls are the most active options, with total volume in those strikes near 7,900 contracts. The Put/Call Ratio is 0.32. Earnings are expected on August 6th.

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