SLB Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Schlumberger Limited (NYSE:SLB), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $52.5 to $70.0 for SLB over the last 3 months. The current price of SLB is $59.04, up 0.37%. Citigroup, Susquehanna, and Piper Sandler have maintained their positive ratings on SLB with price targets of $70, $72, and $77 respectively.
September 22, 2023 | 8:45 pm
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Schlumberger Limited (NYSE:SLB) has seen unusual options activity, with a majority of investors taking a bearish stance. The current price of SLB is $59.04, up 0.37%. Positive ratings have been maintained by Citigroup, Susquehanna, and Piper Sandler.
The unusual options activity indicates that investors are speculating on the future price of SLB, with a majority taking a bearish stance. This could potentially impact the stock price in the short term. However, the positive ratings from Citigroup, Susquehanna, and Piper Sandler suggest a positive outlook for the stock in the longer term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100