SLB Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Schlumberger Limited (NYSE:SLB), with a mix of bullish and bearish stances. Of the 10 strange trades detected, 60% were opened with bullish expectations and 40% with bearish. The trades included 5 puts totaling $273,300 and 5 calls totaling $184,298. Whales have been targeting a price range from $32.5 to $60.0 for SLB over the last 3 months. The current price of SLB is up 2.8% at $55.12, and the next earnings are expected in 10 days.
July 11, 2023 | 5:02 pm
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Unusual options activity has been detected for Schlumberger Limited (NYSE:SLB), with a mix of bullish and bearish stances. The current price of SLB is up 2.8% at $55.12, and the next earnings are expected in 10 days.
The unusual options activity indicates a high level of interest in SLB, which could lead to increased volatility in the stock price. The mix of bullish and bearish stances suggests uncertainty about the future direction of the stock. The upcoming earnings release could also impact the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100