Bullish option flow detected in Cenovus Energy with 7,227 calls trading, 2x expected, and implied vol increasing over 1 point to 48.94%. Jan-24 25 calls and Dec-22 19 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.19. Earnings are expected on February 8th.
Published first on TheFly
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