Devon Energy Corporation (DVN) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Devon Energy Corporation (DVN) operates in the Energy sector, specifically the Oil & Gas Exploration & Production industry, with a market capitalization near $29.15B, listed on NYSE, employing roughly 2,300 people, carrying a beta of 0.48 to the broader market. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Led by Clay Gaspar, public since 1985-07-22.

Snapshot as of May 15, 2026.

Spot Price
$49.41
Total OI
609.6K
Total Volume
67.1K
Front Expiration
28 days
Second Expiration
34 days
ATM IV
38.3%
Avg Bid/Ask Spread
24.28%

As of May 15, 2026, Devon Energy Corporation (DVN) has 609.6K open contracts and 67.1K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 38.3%. Average bid/ask spread across the chain is 24.28%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How DVN options chain Data Feeds Strategy Selection

Strategy selection on Devon Energy Corporation options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 38.3% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

DVN most-active contracts

TypeStrikeExpirationVolumeOIIVBidAsk
CALL$50.00Jun 18, 202613.7K16.7K39.1%$2.00$2.06

Top 1 contracts from the ORATS-sourced nightly scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.

Frequently asked DVN options chain questions

What does the DVN options chain show right now?
As of May 15, 2026, Devon Energy Corporation (DVN) has 609.6K contracts outstanding and 67.1K traded today, with ATM IV of 38.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for DVN options?
The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are DVN options bid/ask spreads?
Average bid/ask spread across the chain is 24.28%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.