Whales with a lot of money to spend have taken a noticeably bullish stance on Charles Schwab.

Looking at options history for Charles Schwab (NYSE:SCHW) we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 25% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $168,127 and 12, calls, for a total amount of $617,347.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $60.0 and $77.5 for Charles Schwab, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Charles Schwab's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Charles Schwab's whale activity within a strike price range from $60.0 to $77.5 in the last 30 days.

Charles Schwab 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Charles Schwab

Current Position of Charles Schwab

• Trading volume stands at 8,745,621, with SCHW's price down by -0.76%, positioned at $71.36.
• RSI indicators show the stock to be may be overbought.
• Earnings announcement expected in 89 days.

Expert Opinions on Charles Schwab

In the last month, 5 experts released ratings on this stock with an average target price of $71.0.

Turn $1000 into $1270 in just 20 days?

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Charles Schwab with Benzinga Pro for real-time alerts.