Bullish option flow detected in Cenovus Energy with 5,163 calls trading, 5x expected, and implied vol increasing over 2 points to 37.87%. Aug-23 18 calls and Jul-23 17 puts are the most active options, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 0.05. Earnings are expected on July 27th.
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