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Schlumberger call volume above normal and directionally bullish

Bullish option flow detected in Schlumberger with 21,843 calls trading, 6x expected, and implied vol increasing over 2 points to 29.74%. Mar-24 52.5 calls and 12/22 weekly 50 puts are the most active options, with total volume in those strikes near 12,800 contracts. The Put/Call Ratio is 0.49. Earnings are expected on January 19th.

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