Schlumberger call volume above normal and directionally bullish
The Fly

Schlumberger call volume above normal and directionally bullish

Bullish option flow detected in Schlumberger with 13,821 calls trading, 1.3x expected, and implied vol increasing over 1 point to 28.46%. Mar-24 49.5 calls and 3/8 weekly 50 calls are the most active options, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 0.51. Earnings are expected on April 19th.

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