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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on DVN:
- Devon Energy price target raised to $58 from $54 at BofA
- Oneok names Lyndon Taylor as chief legal counsel
- Devon Energy Schedules Third-Quarter 2023 Earnings Release and Conference Call
- Devon Energy call volume above normal and directionally bullish
- Devon Energy price target lowered to $55 from $57 at Citi