Weekly options by stock · DVN
Devon Energy (DVN) Weekly Options
Last DVN trade alerted Apr 2, 2024
Yes, Devon Energy (DVN) has weekly options. They trade on US exchanges and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week’s options typically expire on the prior trading day. Below is our fully documented track record on DVN, and how its weekly options work.
Devon Energy (DVN) is listed on the NYSE and based in Houston, Texas.
Our documented DVN track record
Every DVN trade we have published, wins and losses alike. “Potential gain” is measured from a recorded entry price to a recorded exit price; individual results vary. We have published one DVN trade, too few to quote a win rate from, so the trade is shown instead. Past performance does not guarantee future results.
Documented DVN trade stories
A closer look at recent DVN weekly options trades we published and tracked, with the chart from the time of the trade. Wins and losses alike.
143% Potential Profit on a DVN Weekly Call Option
Devon Energy (DVN) · published Apr 2, 2024
DVN May 03 2024 $52.00 CALLS
We publish and track this weekly options trade idea as a model position, tracked on paper rather than as a live trade of Weekly Options USA. Figures are the potential profit or loss on the published parameters; results vary from trader to trader. Past performance does not guarantee future results. General information, not personal advice.
See the research behind every DVN trade inside membership →Recent DVN weekly options trades
| Date | Contract | Priced from | Exit | Potential profit |
|---|---|---|---|---|
| Apr 2, 2024 | DVN May 03 2024 $52.00 CALLS | $1.38 | $3.35 | +143% |
Our DVN weekly options trading history
We published a documented DVN weekly options trade on Apr 2, 2024. Across 1 closed trade, 1 used a call option. Our best documented DVN result was a potential gain of +143% on DVN MAY 03 2024 52.000 CALLS, published Apr 2, 2024. The most recent are shown above, and every one, wins and losses, is on our full track record. Past performance does not guarantee future results.
What our DVN record shows
We have published one documented DVN position, a call alerted in 2024, and it closed at +143%. One trade is a data point rather than a pattern, so it says nothing about how DVN behaves in general. It is here because everything we publish stays published, winners and losers alike.
How weekly options work on DVN
DVN has weekly options listed, and a weekly contract gives a short, defined window to trade a specific event rather than paying for a month of time value. Whether it suits any particular trade is a question for the option chain on the day, not for one past position.
Our published DVN ideas carry entry parameters, exit guidelines and a stop, and the reasoning behind the trade, so the logic is on the page rather than implied.
DVN weekly options: common questions
Does Devon Energy (DVN) have weekly options?
Yes. Devon Energy (DVN) has weekly options listed on US exchanges. New contracts are added regularly and expire every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week's options typically expire on the prior trading day.
When do DVN weekly options expire?
DVN weekly options expire at the close of trading, 4:00 pm Eastern, every Friday the market is open, except the third Friday of each month, when monthly options expire. When a Friday is a market holiday, that week's options typically expire on the prior trading day.
What is Weekly Options USA's track record on DVN?
We have published one closed DVN weekly options trade idea, listed below with the contract, the entry and the exit. That is too small a sample to quote a win rate from. Every trade we publish, on any stock, is on our public track record. Past performance does not guarantee future results.
What are the best weekly options to trade on DVN?
There is no single best contract. The right choice depends on your position size, timeframe and risk tolerance.
Experienced traders start with liquidity, looking at the daily volume and open interest of the specific option contract, not the stock itself. A lightly traded strike can be difficult to exit at a fair price, even if the trade idea is right.
Next comes the bid-ask spread. A wide spread adds cost both when entering and exiting the position.
Then there is time to expiry. Time decay becomes increasingly important as a weekly option approaches expiration, particularly in the final days.
Finally, there needs to be a reason for the stock to move within that timeframe. Earnings, a product announcement or a significant technical level may provide a catalyst. Without one, the option can lose time value while the stock goes nowhere.
How do I trade weekly options on DVN?
Weekly options on DVN are traded through any US options brokerage, in the same account you would use for shares. Most brokers ask you to apply for options approval first. This is general information, not personal advice; you make your own decisions.
Other stocks we have documented trades on
The full list is on weekly options by stock.
Get our next DVN trade idea
Members receive researched weekly options trade ideas on DVN and other actively traded stocks, with entry parameters, exit guidelines, a stop and the reasoning behind them.
Becomes $119 a month on day 14, with $100 the first month. Cancel any time. See all plans
Weekly Options USA is a publisher of general trading research and education, not a registered investment adviser or broker-dealer. Everything we publish is general information only, never personal advice or a recommendation tailored to you, and you make your own trading decisions. Options trading carries substantial risk, including leverage, volatility, and the loss of your entire investment, and is not suitable for everyone. We guarantee no profit, accuracy or outcome. Past performance, including any results shown on this site, does not guarantee future results. Only trade with money you can afford to lose.