Bullish option flow detected in Devon Energy with 18,580 calls trading, 1.3x expected, and implied vol increasing over 1 point to 36.68%. Jan-25 47.5 calls and Jan-25 40 puts are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.53. Earnings are expected on February 27th.
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Read More on DVN:
- Devon Energy price target lowered to $46 from $48 at Wells Fargo
- Devon Energy price target lowered to $52 from $62 at Susquehanna
- Devon Energy price target lowered to $59 from $61 at Piper Sandler
- Devon Energy chief accounting officer Jeremy Humphers to retire
- Devon Energy Announces Chief Accounting Officer Retirement and Officer Appointment
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