Check Out What Whales Are Doing With DVN
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Devon Energy (NYSE:DVN), with 71% of the spotted trades being bearish. The trades include 13 puts amounting to $918,868 and 8 calls amounting to $412,351. The targeted price range for Devon Energy over the last 3 months is from $32.5 to $60.0. The current price of DVN is down -1.24% at $47.72.
October 23, 2023 | 8:45 pm
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A whale investor has taken a bearish stance on Devon Energy, indicating a potential downward trend in the short term. The current price of DVN is down -1.24% at $47.72.
The bearish stance taken by a whale investor, who typically has significant influence on the market, suggests a potential downward trend for Devon Energy. This is further supported by the current price drop of -1.24%.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100