DVN - Options Database

DVN

DEVON ENERGY CORP NE

$48.87 +2.07%

(10/8 10:35) ◀

Thursday, October 8, 2026 (11:00am)

▶ (10/8 12:00)

◀ 10/8 11:00 ▶

Option Volume

Detail

ℹ

Current (10/08 11:00am) 6,115

Calls: 2,055 (34%)

Puts: 4,060 (66%)

Prior --

Calls: 84,216 (94%)

Puts: 5,039 (6%)

Current vs Prior +0.00%

Calls: -97.56% (Calls)

Puts: -19.43% (Puts)

Prior 7-Day Total 140,236

Calls: 114,991 (82%)

Puts: 25,245 (18%)

Prior 7-Day Average 20,033

Calls: 16,427 (82%)

Puts: 3,606 (18%)

Current vs Prior 7-Day Avg -69.48%

Calls: -87.49%

Puts: +12.58%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (10/08 11:00am) $1.08M

Calls: $510.5K (47%)

Puts: $570.1K (53%)

Prior --

Calls: $13.09M (97%)

Puts: $417.4K (3%)

Current vs Prior +0.00%

Calls: -96.10%

Puts: +36.58%

Prior 7-Day Total $20.69M

Calls: $17.26M (83%)

Puts: $3.43M (17%)

Prior 7-Day Average $2.96M

Calls: $2.47M (83%)

Puts: $490.5K (17%)

Current vs Prior 7-Day Avg -63.45%

Calls: -79.30%

Puts: +16.24%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (10/08 11:00am) 1.98

Prior 1.00

Current vs Prior +97.57%

Prior 7-Day Average 0.85

Current vs Prior 7-Day Avg +131.52%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (10/08 11:00am) 507,826

Calls: 339,994 (67%)

Puts: 167,832 (33%)

Prior --

Calls: -- (--)

Puts: -- (--)

Current vs Prior +0.00%

Prior 7-Day Total 3,744,622

Calls: 2,614,854 (70%)

Puts: 1,129,768 (30%)

Prior 7-Day Average 534,946

Calls: 373,550 (70%)

Puts: 161,395 (30%)

Current vs Prior 7-Day Avg -5.07%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (10/09) | Next (10/16)Expiry (10/16) | Next (11/20)

Current 2.39% | 4.89%4.89% | 10.56%

Prior 3.29% | 5.31%7.66% | 11.72%

Current vs Prior -27.21% | -7.87%-36.16% | -9.90%

Prior 7-Day Avg 4.68% | 12.03%14.44% | 11.37%

Current vs 7-Day Avg -48.87% | -59.35%-66.14% | -7.12%

Prior 7-Day Eod 3.29% | 5.31%4.95% | 10.36%

Current vs 7-Day Eod -27.21% | -7.87%-1.20% | +1.92%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 33.09% | 7.96%

Calls: 13.64% | 7.81%

Puts: 52.54% | 8.11%

Prior 44.13% | 21.88%

Calls: 32.31% | 25.64%

Puts: 55.95% | 18.12%

Current vs Prior -25.02% | -63.62%

Prior 7-Day Avg 19.81% | 13.30%

Calls: 17.80% | 14.94%

Puts: 21.82% | 11.66%

Current vs 7-Day Avg +67.02% | -40.17%

Liquidity Expensive

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🤖 AI Insights

Extreme bearish P/C ratio of 1.98 - heavy put buying. P/C ratio rising 98% - increased hedging/bearish positioning. Call-heavy open interest (339,994 calls vs 167,832 puts) suggests bullish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BULLISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
11:00	BEARISH	BEARISH	BEARISH
10:35	BEARISH	BEARISH	BEARISH
10:30	BEARISH	BEARISH	BEARISH
10:25	BEARISH	BEARISH	BEARISH
10:20	BEARISH	BEARISH	BEARISH
10:15	BEARISH	BEARISH	BEARISH
10:10	BEARISH	BEARISH	BEARISH
10:05	BEARISH	BEARISH	BEARISH
10:00	BEARISH	BEARISH	BEARISH
09:55	BEARISH	BEARISH	BEARISH
09:50	BEARISH	BEARISH	BEARISH
09:45	BEARISH	BEARISH	BEARISH
09:40	BEARISH	BEARISH	BEARISH
09:35	BEARISH	BEARISH	BEARISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 39 of results (avg 7.0%, best 3.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$49.00	Oct 23	1.37	1.42	$1.40	3.6%	2	0.50	48
$47.50	Nov 20	3.30	3.45	$3.38	4.4%	5	0.61	5.2K
$50.00	Nov 20	2.08	2.18	$2.13	4.7%	332	0.46	61.8K
$40.00	Oct 16	8.70	9.15	$8.93	5.0%	3	1.00	20
$48.00	Oct 30	2.17	2.29	$2.23	5.4%	1	0.61	642

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$50.00	Oct 23	1.96	2.03	$2.00	3.5%	--	0.61	108
$49.00	Oct 23	1.39	1.45	$1.42	4.2%	2	0.50	5
$47.50	Nov 20	1.75	1.83	$1.79	4.5%	1	0.39	12.0K
$50.00	Nov 20	2.96	3.10	$3.03	4.6%	5	0.54	3.3K
$47.50	Oct 23	0.77	0.81	$0.79	5.1%	3	0.33	220

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 19 found (avg $0.73, cheapest $0.66)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$48.50	Oct 9	0.61	0.70	$0.66	13.6%	9	0.60	441
$50.00	Oct 16	0.55	0.64	$0.60	15.0%	75	0.35	10.2K
$49.50	Oct 16	0.75	0.84	$0.80	11.2%	4	0.42	886
$51.00	Oct 23	0.59	0.66	$0.63	11.1%	9	0.29	659
$50.00	Oct 23	0.92	0.99	$0.96	7.3%	10	0.39	531

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$47.00	Oct 16	0.33	0.39	$0.36	16.7%	32	0.23	406
$47.50	Oct 16	0.46	0.52	$0.49	12.2%	1.1K	0.29	5.2K
$48.00	Oct 16	0.63	0.69	$0.66	9.1%	568	0.36	967
$48.50	Oct 16	0.81	0.90	$0.86	10.5%	18	0.43	16
$46.00	Oct 23	0.36	0.42	$0.39	15.4%	4	0.19	74

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 63 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$46.00	Oct 9	2.20	2.95	$2.58	29.1%	--	1.00	235
$40.00	Oct 16	8.70	9.15	$8.93	5.0%	3	1.00	20
$42.50	Oct 16	6.15	6.50	$6.33	5.5%	4	1.00	3.0K
$46.50	Oct 9	1.63	2.73	$2.18	50.5%	--	0.96	112
$40.00	Oct 30	7.85	9.50	$8.68	19.0%	1	0.95	9

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$53.00	Oct 9	3.65	4.70	$4.18	25.1%	6	0.98	--
$52.00	Oct 9	2.91	3.55	$3.23	19.8%	9	0.96	1
$51.00	Oct 9	1.67	2.80	$2.24	50.4%	--	0.92	103
$52.50	Oct 16	3.50	4.50	$4.00	25.0%	--	0.90	220
$50.00	Oct 9	0.99	1.83	$1.41	59.6%	--	0.83	88

Most actively traded options today. High liquidity = easy entry/exit. 124 active (total vol 4.3K, top 1.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$50.00	Nov 20	2.08	2.18	$2.13	4.7%	332	0.46	61.8K
$55.00	Nov 20	0.68	0.76	$0.72	11.1%	158	0.21	3.2K
$54.00	Oct 23	0.11	0.17	$0.14	42.9%	138	0.09	120
$50.00	Oct 30	1.22	1.38	$1.30	12.3%	134	0.42	279
$52.50	Oct 16	0.08	0.15	$0.12	58.3%	86	0.10	9.7K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$47.50	Oct 16	0.46	0.52	$0.49	12.2%	1.1K	0.29	5.2K
$48.00	Oct 16	0.63	0.69	$0.66	9.1%	568	0.36	967
$45.00	Oct 16	0.07	0.12	$0.10	50.0%	129	0.07	2.7K
$47.00	Oct 9	0.03	0.06	$0.05	60.0%	121	0.08	581
$44.00	Oct 16	0.03	0.06	$0.05	60.0%	101	0.04	277

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 22.1%, max 51.2%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$48.50	Oct 9	Oct 23	51.6%	34.1%	51.2%	9	511
$48.00	Oct 9	Nov 6	48.9%	37.0%	32.0%	24	636
$49.50	Oct 9	Oct 23	40.3%	36.7%	10.0%	22	605
$50.00	Oct 9	Nov 20	41.9%	39.2%	6.8%	338	62.7K
$49.00	Oct 9	Nov 6	37.8%	36.7%	3.0%	43	964

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$48.50	Oct 9	Oct 23	51.6%	34.1%	51.2%	26	38
$48.00	Oct 9	Nov 13	48.9%	36.4%	34.3%	11	443
$50.00	Oct 9	Nov 20	41.9%	39.2%	6.8%	5	3.4K
$49.00	Oct 9	Oct 23	37.8%	36.3%	3.9%	47	207

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 80 found (best R:R 0.57, avg 2.44)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$45.00	$47.00	Oct 30	$1.27	$0.73	$1.27	84%	0.57	$46.27
$45.00	$47.50	Nov 20	$1.44	$1.06	$1.44	76%	0.74	$46.44
$46.50	$47.00	Oct 9	$0.28	$0.22	$0.28	96%	0.79	$46.78
$46.00	$52.00	Nov 13	$2.90	$3.10	$2.90	71%	1.07	$48.90
$45.00	$45.50	Oct 16	$0.30	$0.20	$0.30	92%	0.67	$45.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$48.50	$48.00	Oct 23	$0.18	$0.32	$0.18	44%	1.78	$48.32
$49.50	$49.00	Oct 16	$0.26	$0.24	$0.26	58%	0.92	$49.24
$50.00	$49.50	Oct 16	$0.30	$0.20	$0.30	65%	0.67	$49.70
$45.00	$44.00	Nov 6	$0.16	$0.84	$0.16	20%	5.25	$44.84
$48.50	$48.00	Oct 16	$0.20	$0.30	$0.20	43%	1.50	$48.30

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 53 found (best R:R 0.24, avg 0.43)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$53.00	$54.00	Nov 6	$0.26	$0.26	$0.74	75%	0.35	$53.26
$52.00	$53.00	Nov 13	$0.34	$0.34	$0.66	67%	0.52	$52.34
$50.00	$51.00	Oct 16	$0.30	$0.30	$0.70	65%	0.43	$50.30
$52.00	$53.00	Oct 23	$0.19	$0.19	$0.81	79%	0.23	$52.19
$49.00	$50.00	Oct 30	$0.49	$0.49	$0.51	49%	0.96	$49.49

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$46.00	$42.00	Nov 13	$0.78	$0.78	$3.22	71%	0.24	$45.22
$42.00	$40.00	Oct 16	$0.22	$0.22	$1.78	91%	0.12	$41.78
$47.50	$45.00	Nov 20	$0.84	$0.84	$1.66	61%	0.51	$46.66
$45.00	$42.50	Nov 20	$0.49	$0.49	$2.01	76%	0.24	$44.51
$44.00	$43.00	Oct 30	$0.17	$0.17	$0.83	88%	0.20	$43.83

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $0.58, cheapest $0.43)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$48.50	Oct 9	Oct 16	$0.62	51.6%	35.4%
$49.00	Oct 9	Oct 16	$0.67	37.8%	37.1%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$48.50	Oct 9	Oct 16	$0.43	51.6%	35.4%
$49.00	Oct 9	Oct 16	$0.60	37.8%	37.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 49 found (cheapest 1.76% of stock, avg 6.76%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$49.00	Oct 9	$0.35	$0.51	$0.86	$48.14	$49.86	1.76%
$48.50	Oct 9	$0.66	$0.43	$1.09	$47.41	$49.59	2.23%
$48.00	Oct 9	$0.95	$0.23	$1.18	$46.82	$49.18	2.41%
$50.00	Oct 9	$0.11	$1.41	$1.52	$48.48	$51.52	3.11%
$47.50	Oct 9	$1.49	$0.10	$1.59	$45.91	$49.09	3.25%
$47.00	Oct 9	$1.90	$0.05	$1.95	$45.05	$48.95	3.99%
$49.00	Oct 16	$1.02	$1.11	$2.13	$46.87	$51.13	4.36%
$48.50	Oct 16	$1.28	$0.86	$2.14	$46.36	$50.64	4.38%
$49.50	Oct 16	$0.80	$1.37	$2.17	$47.33	$51.67	4.44%
$46.50	Oct 9	$2.18	$0.03	$2.21	$44.29	$48.71	4.52%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 157 found (cheapest 0.43% of stock, avg 2.94%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$50.00	$47.50	Oct 9	$0.11	$0.10	$0.21	$47.29	$50.21
$55.00	$47.50	Oct 9	$0.22	$0.10	$0.32	$47.18	$55.32
$56.00	$47.50	Oct 9	$0.22	$0.10	$0.32	$47.18	$56.32
$49.50	$47.50	Oct 9	$0.20	$0.10	$0.30	$47.20	$49.80
$50.00	$44.50	Oct 9	$0.11	$0.22	$0.33	$44.17	$50.33
$50.00	$45.00	Oct 9	$0.11	$0.23	$0.34	$44.66	$50.34
$50.00	$48.00	Oct 9	$0.11	$0.23	$0.34	$47.66	$50.34
$52.00	$46.50	Oct 16	$0.16	$0.25	$0.41	$46.09	$52.41
$49.50	$48.00	Oct 9	$0.20	$0.23	$0.43	$47.57	$49.93
$55.00	$44.50	Oct 9	$0.22	$0.22	$0.44	$44.06	$55.44

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 38 found (best R:R 0.56, avg credit $0.50)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
41/42	53/54	Nov 6	$0.36	$0.64	67%	0.56	$41.64	$53.36
45/46	53/54	Nov 6	$0.53	$0.47	49%	1.13	$45.47	$53.53
43/44	53/54	Oct 30	$0.33	$0.67	68%	0.49	$43.67	$53.33
43/44	51/52	Oct 30	$0.47	$0.53	54%	0.89	$43.53	$51.47
43/44	52/53	Oct 30	$0.38	$0.62	62%	0.61	$43.62	$52.38
46/47	53/54	Nov 6	$0.58	$0.42	42%	1.38	$46.42	$53.58
44/45	53/54	Nov 6	$0.42	$0.58	55%	0.72	$44.58	$53.42
45/46	53/54	Oct 30	$0.38	$0.62	58%	0.61	$45.62	$53.38
45/46	51/52	Oct 30	$0.52	$0.48	43%	1.08	$45.48	$51.52
44/45	52/53	Oct 23	$0.30	$0.70	65%	0.43	$44.70	$52.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 64 found (best R:R 12.16, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$45.00	$47.50	$50.00	Nov 20	$0.19	$2.31	30%	12.16
$50.00	$52.50	$55.00	Nov 20	$0.31	$2.19	25%	7.06
$50.00	$51.00	$52.00	Oct 30	$0.05	$0.95	16%	19.00
$47.50	$50.00	$52.50	Nov 20	$0.39	$2.11	29%	5.41
$49.00	$49.50	$50.00	Oct 9	$0.06	$0.44	28%	7.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$50.00	$52.50	$55.00	Nov 20	$0.21	$2.29	25%	10.90
$45.00	$47.50	$50.00	Nov 20	$0.40	$2.10	30%	5.25
$45.00	$46.00	$47.00	Oct 30	$0.05	$0.95	15%	19.00
$45.00	$46.00	$47.00	Nov 6	$0.05	$0.95	13%	19.00
$42.50	$45.00	$47.50	Nov 20	$0.35	$2.15	25%	6.14

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 99 found (best net $-1.05, 93 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$42.00	$45.00	1:2	Oct 23	-$1.05	$1.95
$42.00	$45.00	1:2	Oct 30	-$1.45	$1.55
$50.00	$52.50	1:2	Nov 20	-$0.41	$2.09
$47.50	$50.00	1:2	Nov 20	-$0.88	$1.62
$52.50	$55.00	1:2	Nov 20	-$0.17	$2.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$50.00	$48.00	1:2	Oct 30	-$0.21	$1.79
$52.50	$51.00	1:2	Oct 16	-$0.72	$0.78
$47.50	$45.00	1:2	Nov 20	-$0.11	$2.39
$50.00	$47.50	1:2	Nov 20	-$0.55	$1.95
$52.50	$50.00	1:2	Nov 20	-$1.21	$1.29

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 42 found (best yield 4.26%, avg 1.34%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$50.00	Nov 20	$2.08	0.46	2.3%	4.26%	6.57%	332	61.8K
$52.50	Nov 20	$1.22	0.32	7.4%	2.50%	9.92%	35	2.9K
$49.00	Nov 6	$2.07	0.51	0.3%	4.24%	4.50%	2	22
$50.00	Nov 6	$1.62	0.44	2.3%	3.31%	5.63%	1	59
$52.00	Nov 13	$1.05	0.33	6.4%	2.15%	8.55%	--	24
$51.00	Nov 6	$1.24	0.37	4.4%	2.54%	6.90%	--	75
$55.00	Nov 20	$0.68	0.21	12.5%	1.39%	13.93%	158	3.2K
$52.00	Nov 6	$0.93	0.31	6.4%	1.90%	8.31%	1	48
$53.00	Nov 13	$0.74	0.26	8.4%	1.51%	9.97%	10	130
$54.00	Nov 13	$0.61	0.22	10.5%	1.25%	11.75%	1	59

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 2,055

Total Puts 4,060

Put/Call Ratio 1.98

Net Difference -2,005

Prior's Put/Call Breakdown

Total Calls 84,216

Total Puts 5,039

Put/Call Ratio 1.00

Net Difference 79,177

Prior 7-Day Put/Call Summary

Total Calls 114,991

Total Puts 25,245

Average Put/Call Ratio 0.85

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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