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Income Masters Trade Alert: DVN

Let’s book profits on our Devon Energy (DVN) put, earning a 0.4% return in four days, or 33% annualized.

Current Stock Price: $69.83

Cash in Hand: $0.42

Action: Buy to close the DVN Oct Monthly (10/21) 63 Put for around $0.19, but adjust as needed to close today

Profit: $0.23, or $23 per contract

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