DVN Options
Devon Energy Corporation Options Chain, Implied Volatility & Greeks
Comprehensive options market data for Devon Energy Corporation (DVN). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.
DVN Options at a Glance
What's Covered in This Guide
1 About Devon Energy Corporation (DVN)
Devon Energy Corporation trades on NYSE. Options on DVN are actively traded by retail and institutional investors.
Company Profile
Key Dates
DVN is an actively traded options name in the Oil & Gas space.
2 DVN Options Market Overview
DVN options offer good liquidity for traders seeking exposure to Oil & Gas.
Liquidity Assessment: Good
DVN options provide good liquidity for most trading strategies.
3 DVN Volatility Profile
DVN implied volatility reflects market expectations for Devon Energy Corporation price movement.
Earnings Impact
IV typically increases before earnings and contracts afterward (IV crush).
Historical Volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term Structure
Term structure varies with market conditions and upcoming events.
DVN Gamma Exposure (GEX)
Gamma Exposure (GEX) analysis for DVN shows how dealer hedging may impact price behavior.
Typical GEX Profile: GEX profile varies based on market conditions and option positioning.
Key Levels: Major put and call walls at round number strikes may act as support/resistance.
Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.
4 Common DVN Options Strategies
These are strategies commonly used by traders on DVN options, based on typical market characteristics. This is not investment advice.
Used by DVN traders for income exposure. Good liquidity supports efficient execution.
Used by DVN traders for volatility exposure. Good liquidity supports efficient execution.
Used by DVN traders for directional exposure. Good liquidity supports efficient execution.
Used by DVN traders for volatility exposure. Good liquidity supports efficient execution.
Used by DVN traders for neutral exposure. Good liquidity supports efficient execution.
Key Considerations for DVN Options
- DVN options liquidity: Good - affects execution quality
- IV range: 22% - 55% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
Frequently Asked Questions: DVN Options
What are DVN options?
DVN options are derivative contracts that give you the right to buy (call) or sell (put) Devon Energy Corporation shares at a specific price before expiration.
How do I analyze DVN implied volatility?
DVN IV typically ranges from 22% - 30% during quiet periods to 42% - 55% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for DVN options?
DVN options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does DVN report earnings?
Devon Energy Corporation typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for DVN options?
Popular DVN strategies include covered calls, straddles, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade DVN options?
The most liquid trading hours for DVN options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate DVN option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for DVN options across all strikes and expirations.
What happens to DVN options at expiration?
In-the-money DVN options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
On This Page
DVN Analytics
DVN Key Events
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