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

Investors with a lot of money to spend have taken a bullish stance Charles Schwab SCHW.

And retailers should know.

We noticed this today when the trades appeared on publicly available options that we track here at Benzinga.

Whether it’s institutions or just wealthy individuals, we don’t know. But when something this big happens with SCHW, it often means someone knows something is up.

So how do we know what these investors just did?

Today, Benzinga‘s options scanner detected 9 unusual options trades for Charles Schwab.

This is not normal.

The overall sentiment among these big-money traders is split between 55% bullish and 44%, bearish.

Out of all the special options we revealed, 5 are puts for a total of $287,314 and 4 are calls for a total of $142,650.

Expected price targets

Based on the trading activity, it seems that the significant investors are targeting a price range extending from $62.5 to $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 shed light on the liquidity and investor interest in Charles Schwab options at specified strike prices. The upcoming data visualizes swings in volume and open interest for both calls and puts, tied to Charles Schwab’s significant trades, within a strike price spectrum of $62.5 to $80.0 over the previous 30 days.

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

Largest Options trade observed:

Symbol	SET/DIAL	Trade type	Feeling	Exp. Date	Ask	Bid	Price	Strike Price	Total trade price	Open interest	Bind
SCHW	PUT	SWEEP	BULLISH	21/02/25	$1.61	$1.56	$1.56	$70.00	$70.6K	5.6K	1.2K
SCHW	RING	SWEEP	BEARISH	21/03/25	$1.93	$1.84	$1.84	$80.00	$62.0K	2.4K	512
SCHW	PUT	SWEEP	BULLISH	21/03/25	$1.37	$1.33	$1.33	$67.50	$59.0K	1.1K	1.0K
SCHW	PUT	SWEEP	BULLISH	21/03/25	$1.39	$1.34	$1.34	$67.50	$55.7K	1.1K	508
SCHW	PUT	SWEEP	BULLISH	21/02/25	$1.55	$1.54	$1.55	$70.00	$55.6K	5.6K	362

About Charles Schwab

Charles Schwab operates in brokerage, asset management, banking and asset management. It operates a large network of brick-and-mortar brokerage offices and a well-established online investment website, and it has mobile trading capabilities. It also operates a bank and a proprietary wealth management business and offers services to independent investment advisors. Schwab is among the largest companies in the investment industry, with over $9 trillion in client assets at the end of September 2024. Almost all of its revenue comes from the United States.

In light of the recent options history for Charles Schwab, it is now appropriate to focus on the company itself. We aim to explore its current performance.

Current market position for Charles Schwab

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

Expert opinions on Charles Schwab

A total of 5 professional analysts have provided their views on this stock in the last 30 days and have set an average price target of $93.2.

Turn $1000 into $1270 in just 20 days?

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

Options are a riskier asset compared to simply trading the stock, but they have a 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 trading alerts.