Energy
SLB
Schlumberger Limited
Income from Schlumberger (SLB) with covered calls and cash secured puts. Largest oilfield services company globally.
Monthly Premium2.0-3.5%
Annualized Return24-42%
Stock Price$42-52
IV RankModerate-High (40-60)
Options LiquidityVery Good
Dividend Yield2.5%
Why SLB for Covered Calls & Cash Secured Puts?
SLB is the dominant oilfield services provider globally. Accessible price point with good dividend. Benefits from oil capex cycles.
Example Covered Call Trade
SLBCovered Call
Strike Price$52 (8% OTM)
Expiration30 days
Premium$1.30 per share
Return If Flat2.7% ($130)
Return If Called10.7% ($520) + dividend
Keep Probability70% keep shares
Recommended Strategy for SLB
Sell calls 7-10% OTM for good energy services exposure. Dividend adds to total return.
Risks to Consider
- Oil price correlation
- Capex cycle dependency
- International exposure
- Energy transition impact
Analyze SLB Covered Calls Now
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