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.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DVN: