Bullish option flow detected in Devon Energy with 31,341 calls trading, 3x expected, and implied vol increasing over 1 point to 27.75%. Dec-23 45 calls and 12/22 weekly 45.5 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.35. Earnings are expected on February 20th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 Insiders’ Hot Stocks on TipRanks >>
Read More on DVN:
- Devon Energy just upgraded at Morgan Stanley, here’s why
- Ex-Dividend Date Nearing for These 10 Stocks – Week of December 11, 2023
- ‘Time to Upgrade,’ Says J.P. Morgan About These 2 Energy Stocks
- The top E&P and natural gas stocks to own in 2024, according to JPMorgan
- Devon Energy just upgraded at JPMorgan, here’s why