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Cenovus Energy call volume above normal and directionally bullish
The Fly

Cenovus Energy call volume above normal and directionally bullish

Bullish option flow detected in Cenovus Energy with 13,220 calls trading, 5x expected, and implied vol increasing over 3 points to 38.53%. Feb-24 17 calls and Jan-24 17 calls are the most active options, with total volume in those strikes near 11,700 contracts. The Put/Call Ratio is 0.04. Earnings are expected on February 15th.

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