Bearish flow noted in Schlumberger with 7,431 puts trading, or 4x expected. Most active are Oct-23 57.5 puts and Jan-25 70 calls, with total volume in those strikes near 6,800 contracts. The Put/Call Ratio is 3.22, while ATM IV is up over 1 point on the day. Earnings are expected on October 20th.
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