Devon Energy Unusual Options Activity For October 31
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Devon Energy (NYSE:DVN), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The total amount for puts is $403,444 and for calls is $273,702. Whales have been targeting a price range from $47.0 to $55.0 for Devon Energy over the last 3 months. The price of DVN is down -0.11% at $46.12. Next earnings are expected to be released in 7 days.
October 31, 2023 | 4:46 pm
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Devon Energy has seen significant options activity, with a split between bullish and bearish expectations. The stock price is currently down slightly, and earnings are expected in 7 days.
The news indicates a split in investor sentiment, with equal bullish and bearish expectations. This could lead to increased volatility in the stock price. The upcoming earnings release could also impact the stock price.
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