SLB Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Schlumberger Limited (NYSE:SLB), with a bearish stance taken by a large investor. The overall sentiment among big-money traders is split between 38% bullish and 61% bearish. Whales have been targeting a price range from $50.0 to $70.0 for SLB over the last 3 months. The price of SLB is currently down -0.46% at $56.36. Several financial institutions have maintained their positive ratings on SLB, with price targets ranging from $68 to $81.
October 26, 2023 | 1:46 pm
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Unusual options activity observed for Schlumberger Limited (NYSE:SLB) with a bearish stance taken by a large investor. The price of SLB is currently down -0.46% at $56.36. Several financial institutions have maintained their positive ratings on SLB, with price targets ranging from $68 to $81.
The bearish stance taken by a large investor in options trading indicates a potential downward movement in the short term. However, the positive ratings and price targets from financial institutions suggest a positive outlook in the medium to long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100