DVN - Options Database

DVN

DEVON ENERGY CORP NE

$48.06 -1.50%

$48.19 (+0.27%)🌙

as of 09/04 06:23 PM

(9/3 18:23) ◀

Friday, September 4, 2026 (6:23pm)

▶ (9/8 18:22)

◀ 9/4 18:23 ▶

Option Volume

Detail

ℹ

Current (09/04) 65,973

Calls: 50,376 (76%)

Puts: 15,597 (24%)

Prior (09/03) 17,819

Calls: 6,627 (37%)

Puts: 11,192 (63%)

Current vs Prior +270.24%

Calls: +660.16% (Calls)

Puts: +39.36% (Puts)

Prior 7-Day Total 121,647

Calls: 80,904 (67%)

Puts: 40,743 (33%)

Prior 7-Day Average 17,378

Calls: 11,557 (67%)

Puts: 5,820 (33%)

Current vs Prior 7-Day Avg +279.63%

Calls: +335.86%

Puts: +167.97%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/04) $10.28M

Calls: $8.00M (78%)

Puts: $2.28M (22%)

Prior (09/03) $3.47M

Calls: $1.14M (33%)

Puts: $2.33M (67%)

Current vs Prior +196.68%

Calls: +602.41%

Puts: -1.89%

Prior 7-Day Total $22.67M

Calls: $16.01M (71%)

Puts: $6.66M (29%)

Prior 7-Day Average $3.24M

Calls: $2.29M (71%)

Puts: $951.3K (29%)

Current vs Prior 7-Day Avg +217.56%

Calls: +249.80%

Puts: +140.04%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/04) 0.31

Prior (09/03) 1.69

Current vs Prior -81.67%

Prior 7-Day Average 0.72

Current vs Prior 7-Day Avg -56.75%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (09/04) 321,683

Calls: 235,373 (73%)

Puts: 86,310 (27%)

Prior (09/03) 321,456

Calls: 247,905 (77%)

Puts: 73,551 (23%)

Current vs Prior +0.07%

Prior 7-Day Total 2,278,686

Calls: 1,704,088 (75%)

Puts: 574,598 (25%)

Prior 7-Day Average 325,526

Calls: 243,441 (75%)

Puts: 82,085 (25%)

Current vs Prior 7-Day Avg -1.18%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 1.23% | 3.77%5.49% | 8.88%

Prior 2.01% | 3.96%5.76% | 9.20%

Current vs Prior +87.50% | +38.87%-4.62% | -3.46%

Prior 7-Day Avg 2.97% | 4.77%6.64% | 9.66%

Current vs 7-Day Avg +26.60% | +15.15%-17.22% | -8.02%

Prior 7-Day Eod 2.01% | 3.96%5.76% | 9.20%

Current vs 7-Day Eod +87.50% | +38.87%-4.62% | -3.46%

Sentiment BEARISHBULLISH

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

Strong bullish conviction with 78% of dollar volume in calls ($8.00M) vs puts ($2.28M). Massive premium surge with dollar volume up 197% vs prior. Dollar volume significantly above 7-day average (218% higher). Unusually high activity with volume up 270% vs prior - elevated interest.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BEARISH

7-Day Avg BULLISH

Current BULLISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BEARISH

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

🎯

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 11 of results (avg 7.1%, best 4.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$42.50	Sep 18	5.50	5.75	$5.63	4.4%	73	1.00	--
$50.00	Oct 16	1.31	1.37	$1.34	4.5%	195	0.37	5.7K
$47.50	Oct 16	2.30	2.44	$2.37	5.9%	170	0.55	8.8K
$40.00	Sep 18	7.95	8.50	$8.23	6.7%	1	1.00	--
$42.50	Oct 16	5.75	6.25	$6.00	8.3%	4	0.89	2.7K

PUTS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$50.00	Oct 16	3.30	3.45	$3.38	4.4%	18	0.63	3.7K
$45.00	Oct 2	0.60	0.65	$0.63	7.9%	90	0.24	343
$49.00	Sep 18	1.83	1.99	$1.91	8.4%	27	0.65	16
$47.50	Oct 16	1.81	1.98	$1.90	8.9%	85	0.46	2.1K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 9 found (avg $0.70, cheapest $0.72)

CALLS (4)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$48.00	Sep 11	0.77	0.87	$0.82	12.2%	173	0.52	500
$52.00	Oct 2	0.42	0.51	$0.47	19.1%	56	0.19	218
$51.00	Oct 2	0.64	0.72	$0.68	11.8%	22	0.26	408
$50.00	Oct 2	0.86	0.97	$0.92	12.0%	17	0.33	157

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$48.00	Sep 11	0.66	0.78	$0.72	16.7%	37	0.48	46
$47.00	Sep 18	0.74	0.86	$0.80	15.0%	1.0K	0.38	568
$45.00	Oct 2	0.60	0.65	$0.63	7.9%	90	0.24	343
$42.50	Oct 16	0.34	0.41	$0.38	18.4%	61	0.13	5.3K
$45.00	Oct 16	0.83	0.97	$0.90	15.6%	44	0.27	2.3K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 58 found (avg delta 17.98, highest 999.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$46.00	Sep 4	1.81	2.47	$2.14	30.8%	11	1.00	118
$40.00	Sep 18	7.95	8.50	$8.23	6.7%	1	1.00	--
$42.50	Sep 18	5.50	5.75	$5.63	4.4%	73	1.00	--
$43.50	Sep 4	4.10	5.00	$4.55	19.8%	1	0.95	--
$44.00	Sep 11	3.95	4.55	$4.25	14.1%	3	0.93	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$40.00	Oct 16	5.90	7.30	$6.60	21.2%	1	999.00	--
$56.00	Sep 4	7.50	8.60	$8.05	13.7%	1	0.99	--
$55.00	Sep 4	6.30	7.10	$6.70	11.9%	1	0.99	--
$49.00	Sep 4	0.48	1.11	$0.80	78.8%	42	0.97	80
$50.00	Sep 4	1.46	2.20	$1.83	40.4%	9	0.97	19

Most actively traded options today. High liquidity = easy entry/exit. 147 active (total vol 49.1K, top 31.3K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$47.50	Sep 18	1.31	1.55	$1.43	16.8%	31.3K	0.56	61.8K
$48.50	Sep 4	0.00	0.01	$0.01	100.0%	1.1K	0.04	247
$47.50	Sep 11	1.01	1.29	$1.15	24.3%	983	0.63	54
$47.00	Sep 25	1.86	2.11	$1.99	12.6%	634	0.61	535
$49.00	Sep 4	0.00	0.01	$0.01	100.0%	425	0.03	3.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$47.50	Sep 18	0.89	1.09	$0.99	20.2%	4.3K	0.45	8.0K
$45.00	Sep 18	0.20	0.30	$0.25	40.0%	1.5K	0.16	7.8K
$47.00	Sep 18	0.74	0.86	$0.80	15.0%	1.0K	0.38	568
$48.00	Oct 2	1.68	1.89	$1.79	11.7%	443	0.50	353
$48.00	Oct 9	1.75	2.10	$1.93	18.1%	331	0.49	33

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 8 strikes (avg 802.2%, max 1396.8%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$49.50	Sep 4	Sep 18	483.0%	32.3%	1396.8%	115	1.8K
$47.00	Sep 4	Oct 9	415.4%	31.0%	1240.6%	135	344
$47.50	Sep 4	Oct 16	203.6%	31.5%	545.9%	251	9.0K
$48.00	Sep 4	Oct 9	42.1%	33.5%	25.7%	290	396

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$49.50	Sep 4	Sep 18	483.0%	32.3%	1396.8%	46	70
$47.00	Sep 4	Oct 9	415.4%	31.0%	1240.6%	24	425
$47.50	Sep 4	Oct 16	203.6%	31.5%	545.9%	289	2.7K
$48.00	Sep 4	Oct 9	42.1%	33.5%	25.7%	624	232

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 65 found (best R:R 2.85, avg 2.52)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$45.00	$46.00	Oct 9	$0.52	$0.48	$0.52	76%	0.92	$45.52
$45.00	$46.00	Oct 2	$0.55	$0.45	$0.55	78%	0.82	$45.55
$43.50	$44.00	Sep 4	$0.30	$0.20	$0.30	95%	0.67	$43.80
$48.00	$50.00	Oct 9	$0.70	$1.30	$0.70	50%	1.86	$48.70
$45.00	$47.50	Oct 16	$1.58	$0.92	$1.58	74%	0.58	$46.58

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$49.50	$49.00	Sep 11	$0.13	$0.37	$0.13	75%	2.85	$49.37
$49.00	$48.50	Sep 4	$0.30	$0.20	$0.30	97%	0.67	$48.70
$49.50	$49.00	Sep 18	$0.24	$0.26	$0.24	70%	1.08	$49.26
$47.00	$46.00	Oct 9	$0.30	$0.70	$0.30	41%	2.33	$46.70
$47.50	$47.00	Sep 18	$0.19	$0.31	$0.19	45%	1.63	$47.31

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 41 found (best R:R 0.72, avg 0.44)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$49.50	$50.00	Sep 4	$0.20	$0.20	$0.30	79%	0.67	$49.70
$49.00	$50.00	Sep 25	$0.37	$0.37	$0.63	61%	0.59	$49.37
$50.00	$51.00	Sep 25	$0.23	$0.23	$0.77	71%	0.30	$50.23
$51.00	$52.00	Oct 2	$0.21	$0.21	$0.79	74%	0.27	$51.21
$48.50	$49.00	Sep 18	$0.19	$0.19	$0.31	58%	0.61	$48.69

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$46.50	$46.00	Sep 4	$0.21	$0.21	$0.29	80%	0.72	$46.29
$47.50	$45.00	Oct 16	$1.00	$1.00	$1.50	54%	0.67	$46.50
$45.00	$42.50	Oct 16	$0.52	$0.52	$1.98	73%	0.26	$44.48
$47.00	$45.00	Sep 25	$0.65	$0.65	$1.35	60%	0.48	$46.35
$42.00	$41.00	Oct 9	$0.17	$0.17	$0.83	89%	0.20	$41.83

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $0.70, cheapest $0.67)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$48.00	Sep 4	Sep 11	$0.73	42.1%	28.5%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$48.00	Sep 4	Sep 11	$0.67	42.1%	28.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 44 found (cheapest 0.29% of stock, avg 5.71%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$48.00	Sep 4	$0.09	$0.05	$0.14	$47.86	$48.14	0.29%
$48.50	Sep 4	$0.01	$0.50	$0.51	$47.99	$49.01	1.06%
$47.50	Sep 4	$0.51	$0.10	$0.61	$46.89	$48.11	1.27%
$49.00	Sep 4	$0.01	$0.80	$0.81	$48.19	$49.81	1.69%
$47.00	Sep 4	$1.06	$0.22	$1.28	$45.72	$48.28	2.66%
$48.00	Sep 11	$0.82	$0.72	$1.54	$46.46	$49.54	3.20%
$48.50	Sep 11	$0.60	$0.99	$1.59	$46.91	$50.09	3.31%
$47.50	Sep 11	$1.15	$0.48	$1.63	$45.87	$49.13	3.39%
$49.50	Sep 4	$0.21	$1.46	$1.67	$47.83	$51.17	3.47%
$49.00	Sep 11	$0.42	$1.35	$1.77	$47.23	$50.77	3.68%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 117 found (cheapest 0.54% of stock, avg 2.84%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$51.00	$46.00	Sep 11	$0.13	$0.13	$0.26	$45.74	$51.26
$49.50	$47.50	Sep 4	$0.21	$0.10	$0.31	$47.19	$49.81
$49.50	$48.00	Sep 4	$0.21	$0.05	$0.26	$47.74	$49.76
$50.00	$46.00	Sep 11	$0.19	$0.13	$0.32	$45.68	$50.32
$51.00	$46.50	Sep 11	$0.13	$0.20	$0.33	$46.17	$51.33
$50.00	$46.50	Sep 11	$0.19	$0.20	$0.39	$46.11	$50.39
$49.50	$46.50	Sep 4	$0.21	$0.22	$0.43	$46.07	$49.93
$49.50	$47.00	Sep 4	$0.21	$0.22	$0.43	$46.57	$49.93
$49.50	$45.00	Sep 4	$0.21	$0.22	$0.43	$44.57	$49.93
$49.50	$46.00	Sep 11	$0.29	$0.13	$0.42	$45.58	$49.92

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 18 found (best R:R 0.45, avg credit $0.40)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
41/42	52/53	Oct 9	$0.31	$0.69	65%	0.45	$41.69	$52.31
46/47	49/50	Sep 11	$0.26	$0.24	39%	1.08	$46.74	$49.26
46/46	50/50	Sep 18	$0.23	$0.27	45%	0.85	$45.77	$49.73
46/46	50/50	Sep 18	$0.25	$0.25	39%	1.00	$46.25	$49.75
45/46	52/53	Oct 9	$0.51	$0.49	43%	1.04	$45.49	$52.51
45/46	51/52	Oct 2	$0.51	$0.49	42%	1.04	$45.49	$51.51
43/44	51/52	Oct 2	$0.35	$0.65	57%	0.54	$43.65	$51.35
45/46	52/53	Oct 2	$0.43	$0.57	49%	0.75	$45.57	$52.43
44/45	51/52	Oct 2	$0.41	$0.59	50%	0.69	$44.59	$51.41
43/44	52/53	Oct 2	$0.27	$0.73	63%	0.37	$43.73	$52.27

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 45 found (best R:R 9.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$48.00	$50.00	$52.00	Oct 9	$0.20	$1.80	27%	9.00
$48.00	$48.50	$49.00	Sep 4	$0.08	$0.42	60%	5.25
$47.50	$50.00	$52.50	Oct 16	$0.39	$2.11	32%	5.41
$42.50	$45.00	$47.50	Oct 16	$0.47	$2.03	34%	4.32
$49.00	$50.00	$51.00	Oct 2	$0.05	$0.95	15%	19.00

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$45.00	$47.50	$50.00	Oct 16	$0.48	$2.02	36%	4.21
$45.00	$46.00	$47.00	Oct 2	$0.08	$0.92	17%	11.50
$43.00	$44.00	$45.00	Oct 2	$0.06	$0.94	12%	15.67
$46.00	$47.00	$48.00	Oct 2	$0.10	$0.90	18%	9.00
$42.50	$45.00	$47.50	Oct 16	$0.48	$2.02	32%	4.21

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 87 found (best net $-0.93, 74 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$42.50	$45.00	1:2	Sep 18	-$0.93	$1.57
$45.00	$47.50	1:2	Oct 16	-$0.79	$1.71
$47.50	$50.00	1:2	Oct 16	-$0.31	$2.19
$50.00	$52.50	1:2	Oct 16	-$0.06	$2.44
$50.00	$52.00	1:2	Oct 9	-$0.18	$1.82

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$50.00	$47.50	1:2	Oct 16	-$0.42	$2.08
$50.00	$48.00	1:2	Oct 9	-$0.75	$1.25
$49.50	$49.00	1:2	Sep 4	-$0.14	$0.36
$49.00	$48.50	1:2	Sep 4	-$0.20	$0.30
$45.00	$43.00	1:2	Oct 9	-$0.01	$1.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 28 found (best yield 2.73%, avg 1.00%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$50.00	Oct 16	$1.31	0.37	4.0%	2.73%	6.76%	195	5.7K
$50.00	Oct 9	$1.06	0.36	4.0%	2.21%	6.24%	2	--
$52.50	Oct 16	$0.63	0.23	9.2%	1.31%	10.55%	287	3.1K
$52.00	Oct 9	$0.60	0.23	8.2%	1.25%	9.45%	2	45
$50.00	Oct 2	$0.86	0.33	4.0%	1.79%	5.83%	17	157
$49.00	Oct 2	$1.05	0.41	2.0%	2.18%	4.14%	3	36
$51.00	Oct 2	$0.64	0.26	6.1%	1.33%	7.45%	22	408
$53.00	Oct 9	$0.36	0.19	10.3%	0.75%	11.03%	1	--
$49.00	Sep 25	$0.90	0.39	2.0%	1.87%	3.83%	9	187
$55.00	Oct 16	$0.30	0.13	14.4%	0.62%	15.06%	55	2.6K

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 50,376

Total Puts 15,597

Put/Call Ratio 0.31

Net Difference 34,779

Prior's Put/Call Breakdown

Total Calls 6,627

Total Puts 11,192

Put/Call Ratio 1.69

Net Difference -4,565

Prior 7-Day Put/Call Summary

Total Calls 80,904

Total Puts 40,743

Average Put/Call Ratio 0.72

Ratio Trend Falling

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

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Price — Past 7 Days

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