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Looking At Schlumberger's Recent Unusual Options Activity

Benzinga ·  Dec 20 00:47

Whales with a lot of money to spend have taken a noticeably bullish stance onSchlumberger.

Looking at options history for Schlumberger (NYSE:SLB) we detected 17 trades.

If we consider the specifics of each trade, it is accurate to state that 47% of the investors opened trades with bullish expectations and 47% with bearish.

From the overall spotted trades, 12 are puts, for a total amount of $798,050 and 5, calls, for a total amount of $1,117,614.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $25.0 and...

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