DVN - Options Database

DVN

DEVON ENERGY CORP NE

$48.79 -0.49%

$48.84 (+0.10%)🌙

as of 09/03 06:23 PM

(9/2 18:23) ◀

Thursday, September 3, 2026 (6:23pm)

▶ (9/4 18:23)

◀ 9/3 18:23 ▶

Option Volume

Detail

ℹ

Current (09/03) 17,819

Calls: 6,627 (37%)

Puts: 11,192 (63%)

Prior (09/02) 16,085

Calls: 8,692 (54%)

Puts: 7,393 (46%)

Current vs Prior +10.78%

Calls: -23.76% (Calls)

Puts: +51.39% (Puts)

Prior 7-Day Total 116,401

Calls: 83,135 (71%)

Puts: 33,266 (29%)

Prior 7-Day Average 16,628

Calls: 11,876 (71%)

Puts: 4,752 (29%)

Current vs Prior 7-Day Avg +7.16%

Calls: -44.20%

Puts: +135.51%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/03) $3.47M

Calls: $1.14M (33%)

Puts: $2.33M (67%)

Prior (09/02) $2.59M

Calls: $1.46M (57%)

Puts: $1.12M (43%)

Current vs Prior +33.93%

Calls: -22.24%

Puts: +107.15%

Prior 7-Day Total $21.01M

Calls: $15.92M (76%)

Puts: $5.09M (24%)

Prior 7-Day Average $3.00M

Calls: $2.27M (76%)

Puts: $726.7K (24%)

Current vs Prior 7-Day Avg +15.51%

Calls: -49.92%

Puts: +220.28%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/03) 1.69

Prior (09/02) 0.85

Current vs Prior +98.56%

Prior 7-Day Average 0.53

Current vs Prior 7-Day Avg +215.97%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/03) 321,456

Calls: 247,905 (77%)

Puts: 73,551 (23%)

Prior (09/02) 325,272

Calls: 241,258 (74%)

Puts: 84,014 (26%)

Current vs Prior -1.17%

Prior 7-Day Total 2,273,609

Calls: 1,689,808 (74%)

Puts: 583,801 (26%)

Prior 7-Day Average 324,801

Calls: 241,401 (74%)

Puts: 83,400 (26%)

Current vs Prior 7-Day Avg -1.03%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)

Current 2.01% | 3.96%5.76% | 9.20%

Prior 2.59% | 4.47%5.98% | 9.48%

Current vs Prior -22.46% | -11.44%-3.62% | -2.97%

Prior 7-Day Avg 3.17% | 4.92%6.89% | 9.82%

Current vs 7-Day Avg -36.62% | -19.67%-16.38% | -6.25%

Prior 7-Day Eod 2.59% | 4.47%5.98% | 9.48%

Current vs 7-Day Eod -22.46% | -11.44%-3.62% | -2.97%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 9.73% | 7.16%

Calls: 8.18% | 3.95%

Puts: 11.29% | 10.37%

Prior 9.73% | 7.16%

Calls: 8.18% | 3.95%

Puts: 11.29% | 10.37%

Current vs Prior +0.00% | +0.00%

Prior 7-Day Avg 9.73% | 7.16%

Calls: 8.18% | 3.95%

Puts: 11.29% | 10.37%

Current vs 7-Day Avg +0.00% | -0.00%

Liquidity Expensive

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🤖 AI Insights

Moderately bearish flow with 67% put dollar volume ($2.33M). Extreme bearish P/C ratio of 1.69 - heavy put buying. P/C ratio rising 99% - increased hedging/bearish positioning. Call-heavy open interest (247,905 calls vs 73,551 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 BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 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

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Tightest Spreads

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Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 9 of results (avg 6.2%, best 2.5%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$45.00	Sep 18	3.90	4.00	$3.95	2.5%	273	0.91	5.9K
$45.00	Oct 16	4.30	4.50	$4.40	4.5%	39	0.79	9.7K
$42.50	Sep 18	6.20	6.50	$6.35	4.7%	3	1.00	3.6K
$47.50	Oct 16	2.69	2.85	$2.77	5.8%	45	0.60	8.7K
$40.00	Sep 4	8.65	9.20	$8.93	6.2%	2	0.96	--

PUTS (0)

No puts meet the criteria

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.67, cheapest $0.28)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$49.00	Sep 4	0.25	0.30	$0.28	17.9%	341	0.44	3.2K
$50.00	Sep 18	0.64	0.77	$0.71	18.3%	170	0.34	8.3K
$49.50	Sep 18	0.80	0.95	$0.88	17.0%	1.0K	0.40	403
$51.00	Oct 2	0.80	0.91	$0.86	12.8%	388	0.31	45
$52.50	Oct 16	0.81	0.95	$0.88	15.9%	430	0.27	2.9K

PUTS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$42.50	Oct 16	0.30	0.34	$0.32	12.5%	24	0.11	5.3K
$45.00	Oct 16	0.70	0.78	$0.74	10.8%	35	0.23	2.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 53 found (avg delta 19.63, highest 999.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$40.00	Sep 18	0.01	0.22	$0.12	175.0%	1	999.00	--
$40.00	Sep 18	8.55	9.45	$9.00	10.0%	2	1.00	--
$42.50	Sep 18	6.20	6.50	$6.35	4.7%	3	1.00	3.6K
$45.00	Sep 4	3.65	4.05	$3.85	10.4%	6	0.98	280
$44.00	Sep 11	4.60	5.35	$4.97	15.1%	25	0.98	194

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$50.00	Sep 4	0.95	1.39	$1.17	37.6%	5	0.91	24
$52.50	Sep 18	3.65	4.30	$3.97	16.4%	2.0K	0.88	2.0K
$50.00	Sep 11	1.36	1.76	$1.56	25.6%	14	0.70	71
$50.00	Sep 18	1.96	2.23	$2.09	12.9%	33	0.66	805
$49.50	Sep 11	1.08	1.42	$1.25	27.2%	4	0.61	--

Most actively traded options today. High liquidity = easy entry/exit. 151 active (total vol 14.2K, top 5.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$49.50	Sep 18	0.80	0.95	$0.88	17.0%	1.0K	0.40	403
$50.00	Sep 11	0.36	0.44	$0.40	20.0%	435	0.30	400
$52.50	Oct 16	0.81	0.95	$0.88	15.9%	430	0.27	2.9K
$51.00	Oct 2	0.80	0.91	$0.86	12.8%	388	0.31	45
$49.00	Sep 4	0.25	0.30	$0.28	17.9%	341	0.44	3.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$47.50	Sep 18	0.63	0.82	$0.73	26.0%	5.0K	0.35	3.0K
$52.50	Sep 18	3.65	4.30	$3.97	16.4%	2.0K	0.88	2.0K
$45.00	Sep 18	0.15	0.27	$0.21	57.1%	520	0.12	8.2K
$48.50	Sep 4	0.12	0.42	$0.27	111.1%	174	0.37	86
$47.50	Sep 4	0.02	0.05	$0.04	75.0%	162	0.08	497

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 23.4%, max 36.8%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$48.50	Sep 4	Sep 18	43.5%	31.8%	36.8%	35	316
$48.00	Sep 4	Oct 9	39.8%	31.3%	27.1%	17	388
$49.50	Sep 4	Sep 18	40.9%	32.6%	25.5%	1.3K	729
$49.00	Sep 4	Oct 9	35.0%	33.8%	3.6%	349	3.2K

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$48.50	Sep 4	Sep 18	43.5%	31.8%	36.8%	216	171
$48.00	Sep 4	Oct 2	39.8%	30.9%	28.6%	77	148
$49.00	Sep 4	Sep 18	35.0%	33.2%	5.4%	58	95

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 66 found (best R:R 0.53, avg 3.31)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$45.00	$47.50	Oct 16	$1.63	$0.87	$1.63	78%	0.53	$46.63
$45.50	$46.00	Sep 4	$0.32	$0.18	$0.32	93%	0.56	$45.82
$45.00	$46.00	Oct 2	$0.65	$0.35	$0.65	83%	0.54	$45.65
$47.50	$48.00	Sep 11	$0.23	$0.27	$0.23	76%	1.17	$47.73
$47.50	$50.00	Oct 16	$1.18	$1.32	$1.18	60%	1.12	$48.68

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$49.00	$48.50	Sep 4	$0.15	$0.35	$0.15	57%	2.33	$48.85
$50.00	$49.50	Sep 18	$0.29	$0.21	$0.29	66%	0.72	$49.71
$50.00	$49.50	Sep 11	$0.31	$0.19	$0.31	70%	0.61	$49.69
$49.00	$48.50	Sep 11	$0.21	$0.29	$0.21	52%	1.38	$48.79
$47.00	$46.00	Oct 2	$0.27	$0.73	$0.27	34%	2.70	$46.73

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 46 found (best R:R 0.47, avg 0.37)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$53.00	$55.00	Sep 25	$0.21	$0.21	$1.79	85%	0.12	$53.21
$52.00	$53.00	Oct 2	$0.24	$0.24	$0.76	76%	0.32	$52.24
$51.00	$52.00	Sep 18	$0.20	$0.20	$0.80	76%	0.25	$51.20
$54.00	$55.00	Oct 9	$0.18	$0.18	$0.82	81%	0.22	$54.18
$50.00	$52.00	Sep 25	$0.54	$0.54	$1.46	62%	0.37	$50.54

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$47.50	$45.00	Oct 16	$0.80	$0.80	$1.70	60%	0.47	$46.70
$45.00	$42.50	Oct 16	$0.42	$0.42	$2.08	77%	0.20	$44.58
$45.00	$44.00	Sep 11	$0.11	$0.11	$0.89	91%	0.12	$44.89
$48.00	$47.50	Sep 18	$0.27	$0.27	$0.23	58%	1.17	$47.73
$44.00	$41.00	Oct 9	$0.27	$0.27	$2.73	85%	0.10	$43.73

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $0.49, cheapest $0.43)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$48.50	Sep 4	Sep 11	$0.46	43.5%	30.3%
$49.00	Sep 4	Sep 11	$0.54	35.0%	30.6%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$48.50	Sep 4	Sep 11	$0.43	43.5%	30.3%
$49.00	Sep 4	Sep 11	$0.49	35.0%	30.6%
$49.50	Sep 11	Sep 18	$0.55	30.1%	32.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 37 found (cheapest 1.43% of stock, avg 6.04%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$49.00	Sep 4	$0.28	$0.42	$0.70	$48.30	$49.70	1.43%
$48.50	Sep 4	$0.56	$0.27	$0.83	$47.67	$49.33	1.70%
$48.00	Sep 4	$0.99	$0.10	$1.09	$46.91	$49.09	2.23%
$50.00	Sep 4	$0.06	$1.17	$1.23	$48.77	$51.23	2.52%
$47.50	Sep 4	$1.38	$0.04	$1.42	$46.08	$48.92	2.91%
$48.50	Sep 11	$1.02	$0.70	$1.72	$46.78	$50.22	3.53%
$49.00	Sep 11	$0.82	$0.91	$1.73	$47.27	$50.73	3.55%
$49.50	Sep 11	$0.59	$1.25	$1.84	$47.66	$51.34	3.77%
$48.00	Sep 11	$1.39	$0.47	$1.86	$46.14	$49.86	3.81%
$47.00	Sep 4	$1.88	$0.02	$1.90	$45.10	$48.90	3.89%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 146 found (cheapest 0.20% of stock, avg 2.33%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$50.00	$47.50	Sep 4	$0.06	$0.04	$0.10	$47.40	$50.10
$50.00	$46.50	Sep 4	$0.06	$0.09	$0.15	$46.35	$50.15
$50.00	$48.00	Sep 4	$0.06	$0.10	$0.16	$47.84	$50.16
$55.00	$42.00	Sep 25	$0.11	$0.10	$0.21	$41.79	$55.21
$52.00	$46.50	Sep 11	$0.09	$0.14	$0.23	$46.27	$52.23
$49.50	$47.50	Sep 4	$0.16	$0.04	$0.20	$47.30	$49.70
$55.00	$43.00	Sep 25	$0.11	$0.16	$0.27	$42.73	$55.27
$50.00	$43.00	Sep 4	$0.06	$0.21	$0.27	$42.73	$50.27
$49.50	$48.00	Sep 4	$0.16	$0.10	$0.26	$47.74	$49.76
$49.50	$46.50	Sep 4	$0.16	$0.09	$0.25	$46.25	$49.75

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 36 found (best R:R 0.69, avg credit $0.43)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
44/45	52/53	Oct 2	$0.41	$0.59	57%	0.69	$44.59	$52.41
45/46	52/53	Oct 2	$0.47	$0.53	50%	0.89	$45.53	$52.47
44/45	51/52	Sep 11	$0.22	$0.78	74%	0.28	$44.78	$51.22
46/47	52/53	Oct 2	$0.51	$0.49	42%	1.04	$46.49	$52.51
44/45	51/52	Oct 2	$0.42	$0.58	50%	0.72	$44.58	$51.42
44/45	50/51	Sep 11	$0.31	$0.69	61%	0.45	$44.69	$50.31
45/46	51/52	Oct 2	$0.48	$0.52	43%	0.92	$45.52	$51.48
45/46	52/53	Sep 25	$0.33	$0.67	55%	0.49	$45.67	$52.33
46/47	51/52	Oct 2	$0.52	$0.48	35%	1.08	$46.48	$51.52
46/47	52/53	Sep 25	$0.40	$0.60	47%	0.67	$46.60	$52.40

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 38 found (best R:R 4.56, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$45.00	$47.50	$50.00	Oct 16	$0.45	$2.05	37%	4.56
$50.00	$52.50	$55.00	Oct 16	$0.28	$2.22	26%	7.93
$50.00	$51.00	$52.00	Sep 18	$0.07	$0.93	19%	13.29
$46.00	$48.00	$50.00	Oct 2	$0.41	$1.59	36%	3.88
$47.50	$50.00	$52.50	Oct 16	$0.47	$2.03	34%	4.32

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$42.50	$45.00	$47.50	Oct 16	$0.38	$2.12	29%	5.58
$45.00	$46.00	$47.00	Sep 25	$0.07	$0.93	15%	13.29
$44.00	$45.00	$46.00	Oct 2	$0.06	$0.94	12%	15.67
$40.00	$42.50	$45.00	Oct 16	$0.25	$2.25	17%	9.00
$47.50	$48.00	$48.50	Sep 11	$0.07	$0.43	18%	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. 79 found (best net $-0.21, 65 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$46.00	$47.50	1:2	Sep 11	-$0.14	$1.36
$45.00	$47.00	1:2	Sep 18	-$0.61	$1.39
$47.50	$50.00	1:2	Oct 16	-$0.41	$2.09
$48.00	$50.00	1:2	Oct 2	-$0.18	$1.82
$45.00	$47.50	1:2	Oct 16	-$1.14	$1.36

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$52.50	$50.00	1:2	Sep 18	-$0.21	$2.29
$50.00	$47.50	1:2	Oct 16	-$0.18	$2.32
$49.00	$48.50	1:2	Sep 4	-$0.12	$0.38
$47.50	$47.00	1:2	Sep 11	-$0.09	$0.41
$42.00	$40.00	1:2	Sep 18	-$0.05	$1.95

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 33 found (best yield 3.07%, avg 1.08%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$50.00	Oct 16	$1.50	0.42	2.5%	3.07%	5.55%	275	5.5K
$52.50	Oct 16	$0.81	0.27	7.6%	1.66%	9.26%	430	2.9K
$49.00	Oct 9	$1.67	0.49	0.4%	3.42%	3.85%	8	47
$52.00	Oct 9	$0.73	0.28	6.6%	1.50%	8.08%	34	17
$51.00	Oct 2	$0.80	0.31	4.5%	1.64%	6.17%	388	45
$50.00	Oct 2	$1.00	0.39	2.5%	2.05%	4.53%	19	143
$53.00	Oct 9	$0.52	0.22	8.6%	1.07%	9.69%	34	28
$55.00	Oct 16	$0.39	0.16	12.7%	0.80%	13.53%	141	2.6K
$49.00	Sep 25	$1.26	0.47	0.4%	2.58%	3.01%	50	145
$54.00	Oct 9	$0.34	0.19	10.7%	0.70%	11.38%	4	2

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 6,627

Total Puts 11,192

Put/Call Ratio 1.69

Net Difference -4,565

Prior's Put/Call Breakdown

Total Calls 8,692

Total Puts 7,393

Put/Call Ratio 0.85

Net Difference 1,299

Prior 7-Day Put/Call Summary

Total Calls 83,135

Total Puts 33,266

Average Put/Call Ratio 0.53

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

🤖 AI Insights

📈 Options Analysis

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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