Ovintiv call volume above normal and directionally bullish

Bullish option flow detected in Ovintiv with 2,578 calls trading, 1.1x expected, and implied vol increasing over 2 points to 55.32%. Dec-22 55 calls and Jan-23 65 puts are the most active options, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 0.46. Earnings are expected on February 23rd.