Devon Energy (DVN) & Qualcomm (QCOM): Earnings Reports & How To Trade

Devon Energy (DVN) says its 3Q core profit more than doubled over 2021 levels. Kevin Simpson discusses DVN as its earnings were released yesterday, November 1st. DVN announced a 3Q dividend of $1.35 per share which is down from $1.55 per share. Tom White then joins to demonstrate an example trade using DVN. The trade type is a covered call and the direction is neutral to bullish. Kevin then goes over how Qualcomm (QCOM) earnings are to be released today, postmarket. Tom also demonstrates an example trade using QCOM. The trade type is call diagonal and the direction is bullish. Tune in to find out more about the stock market today.