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Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy with 9,363 calls trading, 1.6x expected, and implied vol increasing over 1 point to 38.50%. Oct-23 47 puts and Oct-23 48 puts are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.47. Earnings are expected on November 7th.

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