Bearish flow noted in Charles Schwab with 23,270 puts trading, or 6x expected. Most active are Oct-23 55 puts and Oct-23 50 puts, with total volume in those strikes near 10,700 contracts. The Put/Call Ratio is 4.11, while ATM IV is up nearly 4 points on the day. Earnings are expected on October 16th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SCHW:
- Charles Schwab (NYSE:SCHW) Planning to Trim Jobs and Office Space
- Charles Schwab to close or downsize certain corporate offices
- Schwab Stock (NYSE:SCHW): TD Ameritrade Integration is Just a Temporary Problem
- “Temporarily Lower Net Flows” Strike at Charles Schwab (NYSE:SCHW), Stock Sinks
- Charles Schwab reports total client assets $8.24T as of month-end July