Massive Call Buy in CVE
Cenovus Energy Inc. (CVE) is trading near the 52-week low. Today, paper bought 19,400 CVE Dec 10 calls for $0.50, aggressively lifting the offer in one mega block on ARCA.
- Total volume in the strike on the day is over 22,000 contracts.
- Open interest on the strike is only 587 contracts.
Cenovus Energy Inc. is a Canada-based integrated oil company.