Bullish option flow detected in Schlumberger with 23,943 calls trading, 5x expected, and implied vol increasing over 1 point to 29.84%. Sep-24 52.5 calls and Jan-25 50 calls are the most active options, with total volume in those strikes near 13,900 contracts. The Put/Call Ratio is 0.18. Earnings are expected on July 19th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SLB:
- Options Volatility and Implied Earnings Moves This Week, July 15 – July 19, 2024
- Most Anticipated Earnings This Week – July 15, 2024
- SLB price target lowered to $70 from $77 at Susquehanna
- Unusually active option classes on open July 9th
- SLB OneSubsea awarded contract for TotalEnergies’ Kaminho deepwater project