Schlumberger Options Trading: A Deep Dive into Market Sentiment

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Whales with a lot of money to spend have taken a noticeably bearish stance on Schlumberger.

Looking at options history for Schlumberger SLB we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $246,360 and 6, calls, for a total amount of $268,118.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $27.5 and $50.0 for Schlumberger, spanning the last three months.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Schlumberger’s options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Schlumberger’s whale activity within a strike price range from $27.5 to $50.0 in the last 30 days.

Schlumberger Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
SLB PUT TRADE BULLISH 06/20/25 $4.45 $4.3 $4.35 $42.50 $217.5K 7.8K 0
SLB CALL TRADE BEARISH 09/20/24 $1.75 $1.7 $1.7 $45.00 $80.5K 1.8K 31
SLB CALL SWEEP BULLISH 09/20/24 $0.53 $0.5 $0.53 $50.00 $53.1K 10.6K 10
SLB CALL SWEEP BEARISH 06/21/24 $16.2 $15.55 $15.55 $27.50 $52.8K 0 0
SLB PUT TRADE BEARISH 11/15/24 $7.45 $7.3 $7.4 $50.00 $28.8K 1.1K 0

About Schlumberger

SLB is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry’s leading innovators, which has earned it dominant share in numerous end markets.

In light of the recent options history for Schlumberger, it’s now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Schlumberger

  • With a volume of 3,074,558, the price of SLB is down -2.27% at $42.81.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 35 days.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Schlumberger options trades with real-time alerts from Benzinga Pro.

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