Bearish flow noted in Devon Energy (DVN) with 7,023 puts trading, or 3x expected. Most active are 10/10 weekly 33.5 puts and Oct-25 34 puts, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 1.88, while ATM IV is up over 1 point on the day. Earnings are expected on November 5th.
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