Agora's Knuckman Bullish on Stocks, Has Options Play for Schlumberger

The video discusses the market trends in August 2019, highlighting it as a risk-off month with sideways trading. Despite volatility, the speaker remains optimistic about the market's future. The VIX index is analyzed, showing a pattern of higher lows in the S&P and lower highs in the VIX, indicating bullish sentiment. The potential for volatility spikes in September and October is noted. The video concludes with an analysis of Schlumberger's stock, suggesting a stock substitution strategy using options for potential gains.

What is the current status of Schlumberger's stock according to the text?

What strategy does the speaker propose for trading Schlumberger's stock?