Bullish option flow detected in Cenovus Energy with 6,064 calls trading, 1.8x expected, and implied vol increasing over 1 point to 33.28%. Dec-23 16 calls and Jan-24 16 calls are the most active options, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 0.06. Earnings are expected on February 15th.
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