Devon Energy EVP sells 48,493 shares

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Bobby Raines 07/21/2014

Frank Rudolph, executive vice president of Human Resources at Devon Energy Corp. ( DVN ) , sold 48,493 shares of the company's common stock that he acquired through the exercise.

IK-> The technicals for DVN ($76.91 up $0.10) are bullish with a downward trend. Recent support has been around $75.74 and recent resistance has been near $77.89. Standard & Poor's has a four STARs (out of five) rating on the stock. Look at the Sept. 85/90 bull-put spread for a 30-cent credit. That's a 4.2% return and the stock has to fall 10.5% to cause a problem.  [InvestorsKeyhole, Various news and data services]




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Originally published on InvestorsObserver.com



This article appears in: Investing , Options

Referenced Stocks: DVN

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