Bullish option flow detected in Cenovus Energy with 4,664 calls trading, 1.7x expected, and implied vol increasing over 1 point to 47.57%. Jan-24 25 calls and Jan-24 27 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.05. Earnings are expected on February 8th.
Published first on TheFly
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