Charles Schwab Spotlight: Analyzing the Surge in Options Activity – Charles Schwab (NYSE:SCHW)

Charles Schwab Spotlight: Analyzing the Surge in Options Activity – Charles Schwab (NYSE:SCHW)

Investors with lots of money to spend have taken an optimistic stance Charles Schwab SW.

And retailers should know.

That’s what we noticed today when the trades started showing up in the publicly available options history we track here at Benzinga.

We don’t know whether these are institutions or just wealthy individuals. But when something this big happens at SCHW, it often means someone knows something is going to happen.

So how do we know what these investors just did?

Today, Benzinga’s Options Scanner discovered 9 unusual options trades for Charles Schwab.

That’s not normal.

The overall sentiment of these major traders is 55% bullish and 44% bearish.

Of all the special options we uncovered, 5 are puts totaling $287,314 and 4 are calls totaling $142,650.

Forecasted price targets

Based on trading activity, it appears that significant investors are targeting a price range between $62.5 and $80.0 for Charles Schwab over the past three months.

Volume and open interest trends

Assessing volume and open interest is a strategic step in options trading. These metrics provide information about liquidity and investor interest in Charles Schwab’s options at specific strike prices. The coming data illustrates the fluctuations in volume and open interest for both calls and puts associated with Charles Schwab’s extensive trades within a strike price range of $62.5 to $80.0 over the previous 30 days.

Charles Schwab options volume and open interest in the last 30 days

Options call chart

Largest options trades observed:

symbol PUT/CALL Type of trade Feeling Exp. Date Questions bid Price Strike price Total trading price Open interest volume
SW SET SWEEP BULLISH 02/21/25 $1.61 $1.56 $1.56 $70.00 $70.6k 5.6K 1.2K
SW CALL SWEEP BEARISH 03/21/25 $1.93 $1.84 $1.84 $80.00 $62,0,000 2.4K 512
SW SET SWEEP BULLISH 03/21/25 $1.37 $1.33 $1.33 $67.50 $59,0000 1.1K 1.0K
SW SET SWEEP BULLISH 03/21/25 $1.39 $1.34 $1.34 $67.50 $55.7k 1.1K 508
SW SET SWEEP BULLISH 02/21/25 $1.55 $1.54 $1.55 $70.00 $55.6k 5.6K 362

About Charles Schwab

Charles Schwab is engaged in brokerage, wealth management, banking and wealth management. The company has a large network of brick-and-mortar brokerage branches, a well-established online investing website and has mobile trading capabilities. In addition, the company operates a bank and its own asset management business and offers services to independent investment advisors. Schwab is one of the largest companies in the investment business with customer assets of over $9 trillion at the end of September 2024. Almost all sales come from the United States.

Given Charles Schwab’s recent options history, it is now appropriate to focus on the company itself. Our goal is to examine current performance.

Current Charles Schwab market stall

  • On a volume of 1,481,762, the price of SCHW fell -0.18% to $74.17.
  • RSI indicators suggest that the underlying stock may be oversold.
  • The next earnings are expected to be released in 23 days.

Expert opinions on Charles Schwab

A total of 5 professional analysts have expressed their opinion on this stock in the last 30 days, setting an average price target of $93.2.

Turn $1,000 into $1,270 in just 20 days?

The 20-year-old professional options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have averaged a 27% profit every 20 days. Click here for access. * A Wells Fargo analyst maintains an Equal-Weight rating on Charles Schwab and maintains a $90 price target. * A Barclays analyst upgraded his action to Overweight with a price target of $95. * A JMP Securities analyst downgraded his rating to “Market Outperform” and adjusted his price target to $94. * A Jefferies analyst has decided to maintain his Buy rating on Charles Schwab, which currently stands at a price target of $94. * An analyst at Keefe, Bruyette & Woods maintains his stance and maintains an Outperform rating on Charles Schwab and is targeting a price of $93.

Options are a riskier asset compared to just trading stocks, but offer higher profit potential. Reputable options traders manage this risk by educating themselves daily, entering and exiting trades, tracking more than one indicator, and closely following the markets.

If you want to stay up to date on the latest Charles Schwab options trades, Benzinga Pro provides you with real-time options alerts.

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