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Nov 4, 2023 7:33 AM

DVN Devon Energy Corporation Options Ahead of Earnings Long

Devon Energy CorporationNYSE

Description

Analyzing the options chain and the chart patterns of DVN Devon Energy Corporation prior to the earnings report this week,
I would consider purchasing the 47usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $3.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.


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