CLB - Core Laboratories N.V.

Core Laboratories N.V. provides reservoir description, production enhancement, and reservoir management services to the oil and gas industry in the United States, Canada, and internationally. It operates through three segments: Reservoir Description, Production Enhancement, and Reservoir Management. The Reservoir Description segment comprises the characterization of petroleum reservoir rock, fluid, and gas samples. This segment offers analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry. The Production Enhancement segment includes services and products relating to reservoir well completions, perforations, stimulations, and production. This segment offers integrated services to evaluate the effectiveness of well completions and to develop solutions to enhance the effectiveness of enhanced oil recovery projects. The Reservoir Management segment combines and integrates information from reservoir description, as well as provides production enhancement services to increase the production and improve recovery of oil and gas from its client's reservoirs. The company markets and sells its products through a combination of sales representatives, technical seminars, trade shows, and print advertising, as well as through distributors. Core Laboratories N.V. was founded in 1936 and is based in Amsterdam, the Netherlands.

 

Trade Ideas
Covered Call Alert: CORE LABORATORIES $CLB returning up to 19.58% through 16-Sep-2016
April 6, 2016 Automated Ideas

The automated Quantcha Trade Ideas Service has detected a promising Covered Call trade opportunity for CORE LABORATORIES (CLB) for the 16-Sep-2016 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.

CLB was recently trading at $107.48 and has an implied volatility of 44.53% for this period. Based on an analysis of the options available for CLB expiring on 16-Sep-2016, there is a 68.27% likelihood that the underlying will close within the analyzed range of $80.06-$141.64 at expiration. In this scenario, the average linear return for the trade would be 6.79%.

Moneyness: These options are currently 11.65% out of the money and there is a 28.83% likelihood that these options will be exercised before or at expiration.

Most upside: If CORE LABORATORIES closes at or above $120.00, this trade could return up to 19.58%. Based on our analysis, there is a 33.77% likelihood of this return.

The downside: As with any covered call, the risk is substantial as it is vulnerable to a downturn in the underlying itself. There is a 41.51% chance the underlying will close at or below its breakeven price of $100.17, resulting in a net loss on the trade.