sparrow_hawk_737

Window of Opportunity in Oil Field Services - SLB

Long
NYSE:SLB   Schlumberger N.V.
Oil field service stocks have not moved as much as other stocks in the energy sector (hydrocarbon exploration, natural gas producers, etc.). I believe more and more quant funds are going to exit their short positions in energy and that this will trigger a parabolic rise in all oil-related stocks. It's already happened in other stocks like Devon Energy, Cimarex, etc.

Buy $30 LEAPs.
Sell $40 LEAPs.

Remember, Wall Street is basically balls deep in the oil and energy trade. At least you are GUH'ing with them if you lose.
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