Bearish flow noted in Schlumberger with 14,186 puts trading, or 1.8x expected. Most active are Mar-25 38 puts and Jun-26 35 puts, with total volume in those strikes near 9,800 contracts. The Put/Call Ratio is 2.52, while ATM IV is up over 1 point on the day. Earnings are expected on April 21st.
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