Investors with significant capital have adopted a bullish stance on Schlumberger (NYSE: SLB).
Observing these maneuvers, retail traders can glean valuable insights.
Unfolding today, discernible through our meticulous tracking of publicly available options history, these substantial trades signify more than meets the eye.
When seismic shifts of this magnitude occur around SLB, it often signals an uncanny prescience among market participants.
How do we decode the actions of these investors?
Today, our options scanner at Benzinga uncovered 10 unusually striking trades involving Schlumberger.
This anomaly is far from the norm.
These trades have painted a picture of divided sentiments among high-stakes players, with a 70% bullish and 30% bearish split.
Among the notable options unearthed, 4 puts were detected, amounting to $226,358, alongside 6 calls totaling $273,651.
Envisioning Future Price Scenarios
By scrutinizing the Volume and Open Interest in these contracts, a discernible price corridor emerges – $27.5 to $75.0 for Schlumberger over the preceding quarter.
Unpacking Volume & Interest Dynamics
Analysis of volume and open interest yields pivotal intelligence for stock assessment, unveiling nuances of liquidity and demand dynamics pertaining to Schlumberger’s options within strike prices ranging from $27.5 to $75.0 within the last month.
Insight into Recent Options Trading for Schlumberger
Major Highlights in Options Trading Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SLB | PUT | SWEEP | BEARISH | 06/20/25 | $11.75 | $11.65 | $11.75 | $50.00 | $111.6K | 3.0K | 96 |
| SLB | CALL | SWEEP | BULLISH | 01/16/26 | $13.75 | $13.55 | $13.75 | $27.50 | $79.7K | 65 | 94 |
| SLB | PUT | TRADE | BEARISH | 02/21/25 | $2.45 | $2.44 | $2.45 | $37.50 | $61.0K | 132 | 256 |
| SLB | CALL | SWEEP | BULLISH | 01/16/26 | $13.65 | $13.45 | $13.65 | $27.50 | $49.1K | 65 | 36 |
| SLB | CALL | TRADE | BULLISH | 01/16/26 | $0.34 | $0.21 | $0.32 | $75.00 | $48.0K | 11.2K | 1.5K |
Delving into Schlumberger’s Profile
As the premier oilfield service giant globally, SLB boasts supremacy in diverse realms, encompassing reservoir performance, well development, production augmentation, and more recently, digital innovations. Its eminent standing as an industry trailblazer has conferred it with commanding market share across multiple sectors.
Shifting focus from the options market, let’s explore the recent performance of the company itself.
Assessment of Schlumberger’s Current Market Standing
- With a trading volume of 15,559,330, SLB’s price has nudged up by 0.15%, settling at $39.65.
- Indicators signal a potential for the stock to be approaching an oversold territory.
- Earnings announcement is anticipated in 37 days.
Evaluation of Analyst Ratings for Schlumberger
Over the past month, 1 market expert has unveiled ratings for SLB, with an average target price of $63.0.
- An analyst at UBS has opted to maintain their Buy recommendation for Schlumberger, pegging the price target at $63.
Options trading, while riskier compared to stock transactions, offers a higher profit potential. Astute options traders navigate this risk by engaging in continuous education, implementing nuanced trade scaling, relying on multiple indicators, and maintaining vigilance over market movements.
To receive real-time updates on the latest options maneuvers regarding Schlumberger, consider subscribing to Benzinga Pro for timely alerts.