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Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy (DVN) with 8,498 calls trading, 1.9x expected, and implied vol increasing over 2 points to 34.34%. 11/14 weekly 36 calls and Nov-25 37.5 puts are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.47. Earnings are expected on February 17th.

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