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DVN options: IV rank, expected move and trade screens

Devon Energy Corp · Energy

In the app, stock prices are live and options data is refreshed intraday.

DVN last closed at $46.58 with 30-day implied volatility of 36.9%. That is in the lower half of its one-year range (IV rank 43), so premiums are on the modest side for DVN. Measured by IV percentile, IV is higher than 39% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $4.74, or 10.2%.

The price is above its 200-day moving average (+0.8%) but below its 50-day (-3.5%), a pullback inside a longer uptrend. It is 10.7% below its 52-week high and 35.1% above its 52-week low. The 14-day RSI of 47.6 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $1.67, about 3.6% of the price, a measure of a typical day's range.

Option volume at the close (29.3K contracts) was 1.2x its average, close to normal. A negative beta of -0.58 means DVN has tended to move against the broad market. 3 of our preset screens found trades on DVN at the close, led by Long Call Butterflies for Pinning with 32 trades.

DVN stats at the close

Price
$46.58
Market cap $53.1B
Implied volatility
36.9%
30-day, at the money
IV rank
43
IV sits 43% of the way from its one-year low to its one-year high.
IV percentile
39
IV is higher than 39% of the past year's readings.
ATR (14-day)
$1.67
3.6% of the price on a typical day
RSI (14-day)
47.6
Between 30 and 70, neutral
52-week range
-10.7% from high
+35.1% from the 52-week low
Moving averages
-3.5% vs 50-day
+0.8% vs the 200-day
Beta
-0.58
Sensitivity to the broad market
Option volume
1.2x avg
29.3K contracts vs 24.1K average

DVN expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

ExpirationIVExpected move1 SD rangeStraddle
Nov 20, 20267 days37.2%±$2.40 (5.2%)$44.18 to $48.98$1.92
Dec 11, 202628 days36.8%±$4.74 (10.2%)$41.84 to $51.32$3.80
Jan 15, 202763 days36.3%±$7.02 (15.1%)$39.56 to $53.60$5.65
Feb 19, 202798 days35.0%±$8.45 (18.1%)$38.13 to $55.03$6.76

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for DVN from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

DVN options FAQ

What is DVN's IV rank?
At the last close, DVN's IV rank was 43 with 30-day implied volatility of 36.9%. IV sits 43% of the way from its one-year low to its one-year high. Its IV percentile was 39: IV is higher than 39% of the past year's readings.
What is the expected move for DVN?
Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $4.74 (10.2%), a range of $41.84 to $51.32. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on DVN?
At the last close, these OptionClaws preset screens had passing trades on DVN: Long Call Butterflies for Pinning (32), Married Put Protection (5), Iron Condor, 2-ATR Profit Zone (3). Open a screen in the app to see the individual trades, refreshed intraday.
Is DVN option volume above average?
At the last close, DVN option volume was 1.2x its average, close to normal.

Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.