Unpacking the Latest Options Trading Trends in Charles Schwab

Financial giants have made a conspicuous bullish move on Charles Schwab. Our analysis of options history for Charles Schwab SCHW revealed 8 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $110,608, and 5 were calls, valued at $251,105.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $60.0 to $125.0 for Charles Schwab over the recent three months.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of Charles Schwab stands at 886.14, with a total volume reaching 507.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Charles Schwab, situated within the strike price corridor from $60.0 to $125.0, throughout the last 30 days.

Charles Schwab Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
SCHW CALL SWEEP BULLISH 09/20/24 $3.05 $2.92 $3.05 $80.00 $122.0K 944 400
SCHW PUT SWEEP BULLISH 09/20/24 $7.1 $7.0 $7.0 $77.50 $56.0K 184 0
SCHW CALL TRADE BEARISH 01/16/26 $15.6 $15.4 $15.4 $70.00 $36.9K 834 47
SCHW CALL TRADE BEARISH 01/16/26 $15.6 $15.3 $15.3 $70.00 $35.1K 834 0
SCHW CALL TRADE BEARISH 12/19/25 $21.1 $20.05 $20.25 $60.00 $30.3K 464 0

About Charles Schwab

Charles Schwab operates in brokerage, wealth management, banking, and asset-management businesses. The company runs a large network of brick-and-mortar brokerage branch offices, a well-established online investing website, and has mobile trading capabilities. It also operates a bank and a proprietary asset management business and offers services to independent investment advisors. The company is among the largest firms in the investment business, with over $8 trillion of client assets at the end of December 2023. Nearly all of its revenue is from the United States.

Having examined the options trading patterns of Charles Schwab, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Charles Schwab's Current Market Status

  • Trading volume stands at 2,624,709, with SCHW's price down by -0.34%, positioned at $72.82.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 90 days.

Professional Analyst Ratings for Charles Schwab

5 market experts have recently issued ratings for this stock, with a consensus target price of $77.0.

  • Maintaining their stance, an analyst from B of A Securities continues to hold a Underperform rating for Charles Schwab, targeting a price of $70.
  • Consistent in their evaluation, an analyst from Deutsche Bank keeps a Buy rating on Charles Schwab with a target price of $77.
  • An analyst from Piper Sandler persists with their Overweight rating on Charles Schwab, maintaining a target price of $85.
  • Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Charles Schwab with a target price of $75.
  • An analyst from Piper Sandler has decided to maintain their Overweight rating on Charles Schwab, which currently sits at a price target of $78.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Charles Schwab, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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