SLB Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Schlumberger Limited (NYSE:SLB), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split 50% bullish and 50% bearish. The whales have been targeting a price range from $52.5 to $70.0 for SLB over the last 3 months. UBS has maintained their Buy rating on SLB, with a price target of $73.
August 31, 2023 | 2:32 pm
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Unusual options activity has been observed for Schlumberger Limited (NYSE:SLB), indicating a bullish stance by a large investor or institution. The sentiment among these big-money traders is split 50% bullish and 50% bearish. UBS has maintained their Buy rating on SLB, with a price target of $73.
The unusual options activity, along with the maintained Buy rating from UBS, indicates a bullish sentiment towards SLB. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100