Out of bankruptcy, Seadrill eyes closer ties with oil service firms

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'Outright Bullish' Options Activity in Schlumberger Ltd. (SLB) Amid Oil Breakout & Ahead of 1Q Earnings on 4/20 -Susquehanna

April 18, 2018 1:46 PM EDT

Susquehanna options strategist Alison Edwards notes bullish options activity in Schlumberger Ltd. (NYSE: SLB), as investors bought 5k Apr 70 Calls in small lots up to $1.40, ahead of earnings on Friday and a breakout in crude prices.

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