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Schlumberger call volume above normal and directionally bullish

Schlumberger call volume above normal and directionally bullish

Bullish option flow detected in Schlumberger with 4,228 calls trading, 1.1x expected, and implied vol increasing over 2 points to 34.66%. Jan-24 60 calls and 7/7 weekly 48 puts are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.34. Earnings are expected on July 21st.

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