Bullish option flow detected in Cenovus Energy with 20,049 calls trading, 16x expected, and implied vol increasing almost 2 points to 43.84%. Jun-23 22 calls and Oct-23 27 calls are the most active options, with total volume in those strikes near 18,900 contracts. The Put/Call Ratio is 0.02. Earnings are expected on April 26th.
Published first on TheFly
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