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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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