SLB Options Chain, Open Interest, and Volatility Data

SLB Options Open Interest & Strategy Insights

SLB – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
35	50336	55936	106272
40	71278	18523	89801
37.5	62192	21110	83302
32.5	18151	54495	72646
50	69973	994	70967
60	58974	101	59075
30	5604	53270	58874
42.5	48893	7650	56543
75	53565	2	53567
45	44488	8088	52576

SLB – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
0.77	0.23	47.22%	47.61%	0.39%

Data Analysis

Symbol: SLB Current Price: 36.55
Max Pain: 45.00 (below)

📌 Absolute OI Peak: 35.00 (106272 contracts)
🛡️ Short-term Key Levels: 32.50（72646 contracts，major support） , 30.00（58874 contracts，major support） , 37.50（83302 contracts，minor resistance）

📈 Put/Call OI Ratio: 0.77 (bullish, Call OI dominant)
Put/Call Volume Ratio: 0.23 (bullish, Call volume dominant)

📊 Avg Call IV: 47.22%
Avg Put IV: 47.61%
IV Skew: 0.39% (Call and Put IV are close, neutral expectation)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	884	258	9133	0.292	Moderate Bullish 📈 (70) ⚠️
2025-11-14	769	137	8775	0.178	Moderate Bullish 📈 (70) ⚠️
2025-11-21	1172	759	115306	0.648	Moderate Bullish 📈 (65)
2025-11-28	76	119	6192	1.566	Moderate Bearish 📉 (30)
2025-12-05	83	92	1185	1.108	Slight Bearish 📉 (40)
2025-12-12	17	5	92	0.294	Moderate Bullish 📈 (70) ⚠️
2025-12-19	654	219	16304	0.335	Moderate Bullish 📈 (70)
2026-01-16	1056	884	220399	0.837	Moderate Bullish 📈 (65) ⚠️
2026-02-20	22710	1351	36493	0.059	Moderate Bullish 📈 (70) ⚠️
2026-03-20	779	419	44230	0.538	Slight Bullish 📈 (60)
2026-05-15	78	116	5031	1.487	Slight Bearish 📉 (40)
2026-06-18	233	113	45587	0.485	Moderate Bullish 📈 (70)
2026-09-18	461	439	151363	0.952	Neutral ⚖️ (50)
2026-12-18	4	0	13	0.000	Moderate Bullish 📈 (70) ⚠️
2027-01-15	117	220	104284	1.880	Strong Bearish 📉💥 (15)
2028-01-21	30	668	6966	22.267	Moderate Bearish 📉 (30) ⚠️
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.