Market Whales and Their Recent Bets on DVN Options
Portfolio Pulse from Benzinga Insights
Recent options trading activity on Devon Energy (NYSE:DVN) shows a mix of bullish and bearish sentiment among large investors. The trading suggests a price range of $35 to $55 for DVN in the short term. Analysts have mixed ratings, with a consensus target price of $53.8.
September 24, 2024 | 6:16 pm
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NEUTRAL IMPACT
Devon Energy's recent options activity indicates a mix of bullish and bearish sentiment, with significant trades suggesting a price range of $35 to $55. Analysts have mixed ratings, with a consensus target price of $53.8.
The options activity shows a split sentiment among large investors, with both bullish and bearish trades. The price range indicated by these trades is $35 to $55, which aligns with the current market price and analyst target prices. The mixed analyst ratings further suggest a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100