Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy with 18,449 calls trading, 2x expected, and implied vol increasing over 2 points to 33.00%. 10/4 weekly 40.5 calls and 10/4 weekly 41.5 calls are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.14. Earnings are expected on November 5th.

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