Energy Energy Live Data Updated 2025-12-30

SLB Options

Schlumberger Limited Options Chain, Implied Volatility & Greeks

Comprehensive options market data for Schlumberger Limited (SLB). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

SLB Options at a Glance

Daily Volume: 50K+ contracts
Bid-Ask Spread: Varies by strike
Open Interest: 600K+ contracts
IV Range: 22% - 55%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: Check earnings calendar
Avg Volume
50K+ contracts
Open Interest
600K+ contracts
IV Range
22% - 55%
Liquidity
Good
Weeklies
Yes
LEAPS
Yes

1 About Schlumberger Limited (SLB)

Schlumberger Limited trades on NYSE. Options on SLB are actively traded by retail and institutional investors.

Company Profile

Sector Energy
Industry Oilfield Services
Market Cap Large Cap
Exchange NYSE

Key Dates

Next Earnings Check earnings calendar
Earnings Frequency Quarterly
Dividend Schedule Varies
Fiscal Year End December

SLB is an actively traded options name in the Oilfield Services space.

2 SLB Options Market Overview

SLB options offer good liquidity for traders seeking exposure to Oilfield Services.

Average Daily Volume 50K+ contracts
Total Open Interest 600K+ contracts
Put/Call Ratio 0.6 - 1.0 typical
Typical ATM Spread Varies by strike
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Good

SLB options provide good liquidity for most trading strategies.

3 SLB Volatility Profile

SLB implied volatility reflects market expectations for Schlumberger Limited price movement.

Low IV Environment
22% - 30%
Below average volatility
Typical IV Range
30% - 42%
Normal conditions
Elevated IV
42% - 55%
Above average volatility

Earnings Impact

IV typically increases before earnings and contracts afterward (IV crush).

Historical Volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term Structure

Term structure varies with market conditions and upcoming events.

View SLB IV Analytics

SLB Gamma Exposure (GEX)

Gamma Exposure (GEX) analysis for SLB shows how dealer hedging may impact price behavior.

Typical GEX Profile: GEX profile varies based on market conditions and option positioning.

Key Levels: Major put and call walls at round number strikes may act as support/resistance.

Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.

View Live SLB GEX

4 Common SLB Options Strategies

These are strategies commonly used by traders on SLB options, based on typical market characteristics. This is not investment advice.

Used by SLB traders for income exposure. Good liquidity supports efficient execution.

Straddles Volatility

Used by SLB traders for volatility exposure. Good liquidity supports efficient execution.

Vertical Spreads Directional

Used by SLB traders for directional exposure. Good liquidity supports efficient execution.

Strangles Volatility

Used by SLB traders for volatility exposure. Good liquidity supports efficient execution.

Used by SLB traders for neutral exposure. Good liquidity supports efficient execution.

Key Considerations for SLB Options

  • SLB options liquidity: Good - affects execution quality
  • IV range: 22% - 55% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

Frequently Asked Questions: SLB Options

What are SLB options?

SLB options are derivative contracts that give you the right to buy (call) or sell (put) Schlumberger Limited shares at a specific price before expiration.

How do I analyze SLB implied volatility?

SLB IV typically ranges from 22% - 30% during quiet periods to 42% - 55% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for SLB options?

SLB options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does SLB report earnings?

Schlumberger Limited typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for SLB options?

Popular SLB strategies include covered calls, straddles, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade SLB options?

The most liquid trading hours for SLB options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate SLB option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for SLB options across all strikes and expirations.

What happens to SLB options at expiration?

In-the-money SLB options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

Explore SLB Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.