Someone with a lot of money to spend has taken a bearish stance on Devon Energy (NYSE:DVN).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
A whale with a lot of money to spend has taken a noticeably bullish stance on Devon Energy.
Looking at options history for Devon Energy (NYSE:DVN) we detected 12 strange trades.
NIO Inc. (NIO) - A play on electric vehicles in China. NIO warned it may experience a challenging first half of 2023 amid a cut to subsidies in the China market. Shares were down about 5% Tuesday
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Energy stocks have been on a tear since giving up their August gains, they have now returned to October’s trading levels, as the SPDR Select Sector Fund - Energy Select Sector (ARCA: XLE) is down over 6% in the past month.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.