What the Options Market Tells Us About Schlumberger
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Schlumberger (NYSE:SLB) as indicated by unusual options activity. The options market reveals a significant interest in SLB, with 66% of the activity being bullish. Analysts maintain positive ratings with price targets ranging from $54 to $62.
October 25, 2024 | 4:05 pm
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Unusual options activity suggests a bullish sentiment towards Schlumberger, with 66% of the trades being calls. Analysts maintain positive ratings with price targets between $54 and $62, indicating potential upside.
The options market shows significant bullish activity with 66% of trades being calls, indicating investor confidence in SLB's future performance. Analysts' positive ratings and high price targets further support this sentiment, suggesting potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100