Option Update: Schlumberger volatility elevated into EPS & $144 oil


Schlumberger (NYSE: SLB) closed at $99.23 Thursday.

Crude oil futures are recently up 2.32% to $144.94 according to Bloomberg. SLB is expected to report Q2 EPS on July 18.

SLB August option implied volatility of 47 is above its 26-week average of 40 according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

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Last updated: February 13, 2012: 01:57 PM

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