Schlumberger call volume above normal and directionally bullish
The Fly

Schlumberger call volume above normal and directionally bullish

Bullish option flow detected in Schlumberger with 10,329 calls trading, 1.8x expected, and implied vol increasing almost 3 points to 32.54%. 4/26 weekly 57 calls and 4/12 weekly 55 calls are the most active options, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 0.27. Earnings are expected on April 19th.

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