Bullish option flow detected in Cenovus Energy with 14,684 calls trading, 3x expected, and implied vol increasing over 1 point to 33.38%. Dec-23 19 calls and Dec-23 18 calls are the most active options, with total volume in those strikes near 9,300 contracts. The Put/Call Ratio is 0.07. Earnings are expected on February 15th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on CVE:
- Cenovus Energy renews share buyback program
- Cenovus Energy announces renewal of share buyback program
- Cenovus Energy files mixed securities shelf, no amount given
- Cenovus Energy price target raised to C$32 from C$30 at RBC Capital
- Cenovus Energy price target lowered to C$36 from C$37 at National Bank