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Check Out What Whales Are Doing With SLB

Benzinga ·  Oct 10 13:01

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 8 trades.

If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 12% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $330,325 and 4, calls, for a total amount of $191,815.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $55.0 for Schlumberger over...

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