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Devon Energy call volume above normal and directionally bullish
The Fly

Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy with 14,899 calls trading, 1.5x expected, and implied vol increasing over 2 points to 40.13%. Jan-25 45 calls and 8/9 weekly 44 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.46. Earnings are expected on August 6th.

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