SLB Bullish: Unusual Options Volume Signals Institutional Interest

This post identifies a bullish signal for Schlumberger (SLB) based on unusual options volume, specifically a large block of 25,000 calls with a premium of ~$1 million for the 2025-10-17 expiration. This activity, significantly exceeding the open interest for that slot, suggests a new, substantial institutional position (likely a hedge or prop shop) seeking exposure without immediately impacting the stock price. The poster is 'piggybacking' on this signal by buying calls, anticipating a positive move, especially with an earnings report expected on Friday. This is a speculative opportunity based on options flow analysis.