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 8,932 calls trading, 2x expected, and implied vol increasing almost 2 points to 44.75%. Feb-24 15 calls and Feb-24 17 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.20. Earnings are expected on February 15th.

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