DVN Devon Energy Corp
$48.26 · +0.00% vs $48.26 close · scored 09:27 · stale
Decision brief
BULLISH · 70/100
What changed
Composite weakened 23.9 points.
Evidence is stale — treat this read cautiously.
What would change the view
composite falls below +15 · confidence deteriorates materially from 70/100
For the read
open interest agrees with the read · signal has been stable · evidence confidence is high
Against / uncertainty
No material contradiction isolated.
The read
Mildly bullish, well evidenced , and the tape has led price here.
−100 bearish 0 bullish +100
+19.5 composite┆ +43.4 yesterday (−23.9) −20.7 vs a week ago
Evidence
70 / 100 · top 14% today
5,108 contracts · quality 88 · stability 0.81
hasn’t paid −1.08% · n=2,233
What traded today · weight 62%
+6.7 pts
2,829 calls · 55.4% 2,279 puts
bias +10.8 × 0.62
What’s on the books · weight 38%
+12.8 pts
79,554 call OI · 66.9% 39,352 put OI
bias +33.8 × 0.38
Equals
+19.5
34% of the score comes from today’s volume, 66% from open interest. Disagree with either?
See the method.
— price ◆ big one-day moves 30d: price −1.57% · tape −15.1 · corr 0.19
◆ +61.7 in a day ● peak +64 ▼ low −31.3 08-29 09-05 09-12 09-19 09-26 10-03 10-10 $51 $46 Plain English: Over 30 days, price has fallen 1.57% while the tape has faded 15.1 points. They agree.
03
Should you trust it? pass Plenty behind it confidence 70 (86th pct) · quality 88 · 5,108 contracts
pass Stable 0.81 vs 7-day rolling · choppiness 39
against This kind of read hasn’t paid mildly bullish · balanced · mid liquidity → −1.08% avg, n=2,233
pass Tape has led price tape has led DVN’s price by 1 day (r=0.16, n=46)
note Stretched vs its own history today’s tape sits low relative to price
against Our record on DVN is poor 23% hit rate on 526 closed calls · payoff 0.93×
04
Where the positions sit calls traded strike puts traded
Spot $48.26 highlighted. The $47.50 strike holds the most open interest (the “wall”, 22,196). Near-dated expiry in the mix, so OI is noisier.
10 Oct · 4h
$48.26 → $48.26
+0.00% flat
4 Oct · 4h
$47.65 → $47.65
+0.00% flat
3 Oct · 4h
$47.65 → $47.65
+0.00% flat
2 Oct · 4h
$47.35 → $47.35
+0.00% flat
One rule everywhere: a move of 0.05% or less is flat , and flat is not a hit. That is the same rule Proof uses; 206 of these 526 calls were flat.
06
Catalysts & context EPS surprise · last 4 quarters
Street Buy-leaning Next report —
P/E 15.89 · fwd 8.91 Beta 0.531
52w $31.47–$52.71 IV rank —
Ask about DVN answers from FlowDesk data only
You
Why did the score drop from +40 to +20 this week?
FlowDesk
It was mostly one day. The composite was +43.4 on 9 Oct, then fell to +19.5 on 10 Oct as the price moved from $47.98 to $48.26. It’s at +19.5 now.+6.7 from volume and +12.8 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 47 pts stock_scores · 09:27 method · 62/38
Compare with OXY Why is our DVN record what it is? What’s the $47.5 wall?
What our data projects
+0.01 points vs the market, next 5 trading days
#288 of 724 · helped by quality, confidence, composite change (3 days). Not trusted yet: context, not a call.
How Tell me when… The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $47.5 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Sign in to set alerts. Composite, price and evidence rules work today; earnings and one-day-move rules aren’t built yet.
Devon Energy Corp · Energy
Mildly bullish, well evidenced . The tape has led price here.
−100 bearish 0 bullish +100
+19.5 ┆ +43.4 yday evidence
hasn’t paid −1.08% · n=2,233
Why it’s +20
+6.7 volume · 55% calls+12.8 OI · 67% calls
43 days · tape bars, price line
◆ +61.7 08-29 09-05 09-12 09-19 09-26 10-03 10-10 $51 $46 Price −1.57%, tape −15.1 over 30 days. The two agree.
Should you trust it?
pass Plenty behind it confidence 70 (86th pct) · quality 88 · 5,108 contracts
pass Stable 0.81 vs 7-day rolling · choppiness 39
against This kind of read hasn’t paid mildly bullish · balanced · mid liquidity → −1.08% avg, n=2,233
note Stretched vs its own history today’s tape sits low relative to price
What traded today · 62%
+6.7 pts
2,829 calls · 2,279 puts · bias +10.8
What’s on the books · 38%
+12.8 pts
79,554 call OI · 39,352 put OI · bias +33.8
— price ◆ big one-day moves 30d: price −1.57% · tape −15.1 · corr 0.19
◆ +61.7 in a day ● peak +64 ▼ low −31.3 08-29 09-05 09-12 09-19 09-26 10-03 10-10 $51 $46 Over 30 days, price has fallen 1.57% while the tape has faded 15.1 points. They agree.
23% hit rate · 526 closed
10 Oct · 4h
$48.26 → $48.26
+0.00% flat
4 Oct · 4h
$47.65 → $47.65
+0.00% flat
3 Oct · 4h
$47.65 → $47.65
+0.00% flat
2 Oct · 4h
$47.35 → $47.35
+0.00% flat
The read flips to bearish composite · crosses 0
Evidence drops below 60 conf · below
Price reaches the $47.5 wall price · below
3 days before earnings not yet · earnings
Score moves ≥10 in a day not yet · delta
Ask about DVN
Why did the score drop from +40 to +20 this week?
It was mostly one day. The composite was +43.4 on 9 Oct, then fell to +19.5 on 10 Oct as the price moved from $47.98 to $48.26. It’s at +19.5 now.+6.7 from volume and +12.8 from open interest. I can’t split past days the same way: the stored history keeps call/put volume but not open interest for past days.
tape_history · 47 pts stock_scores · 09:27 method · 62/38
Compare with OXY Why is our DVN record what it is? What’s the $47.5 wall?