Devon Energy call volume above normal and directionally bullish

Bullish option flow detected in Devon Energy with 30,732 calls trading, 1.1x expected, and implied vol increasing over 1 point to 41.34%. 7/10 weekly 44 calls and 7/10 weekly 42 puts are the most active options, with total volume in those strikes near 13,400 contracts. The Put/Call Ratio is 0.26. Earnings are expected on August 4th.