Bearish flow noted in Schlumberger with 5,672 puts trading, or 1.3x expected. Most active are Nov-23 52.5 puts and 9/29 weekly 57 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 1.71, while ATM IV is up over 1 point on the day. Earnings are expected on October 20th.
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