Bullish option flow detected in Devon Energy with 13,848 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 31.14%. Oct-23 50 calls and 9/29 weekly 50 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.37. Earnings are expected on October 31st.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on DVN:
- Devon Energy Schedules Third-Quarter 2023 Earnings Release and Conference Call
- Devon Energy price target lowered to $55 from $57 at Citi
- Devon Energy price target raised to $62 from $60 at Mizuho
- Early notable gainers among liquid option names on September 1st
- Devon Energy price target lowered to $51 from $52 at Wells Fargo