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Devon Energy (DVN) bullish options open interest and technicals

Devon Energy (DVN) bullish options open interest and technicals

by | Sep 15, 2021 | Open Interest Alerts

Devon Energy (DVN) a preferred Energy name working above last week’s high with notable Energy strength this week and setting up on the weekly very nicely, riding the 21-week MA higher and now just under a key volume node and VWAP, above $30 can break out. DVN has seen a ton of bullish options positioning including 10,000 October $30/$35 call spreads bought and 10,000 December $30 calls bought.