Bonawyn Eison Sees Unusual Options Activity In Schlumberger

On CNBC's "Options Action," Bonawyn Eison spoke about Schlumberger NV SLB, which is due to report earnings Friday morning. The options market is implying a move of 5% in either direction for the event.

The trade that really stuck out to Eison on Thursday was the purchase of the 1,000 contracts of the November $17.50 calls for 56 cents. The breakeven for the trade is at $18.06 or around 10% above the current stock price.