![This Is What Whales Are Betting On Charles Schwab](https://cdn.benzinga.com/files/images/story/2023/movers_image_5.jpeg?optimize=medium&dpr=1&auto=webp&height=800&width=1456&fit=crop)
Loading... Loading... Deep-pocketed investors have adopted a bullish approach towards Charles Schwab SCHW , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SCHW usually suggests something big is about to happen. We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Charles Schwab. This level of activity is out of the ordinary. The general mood among these heavyweight investors is divided, with 55% leaning bullish and 44% bearish. Among these notable options, 2 are puts, totaling $764,000, and 7 are calls, amounting to $859,030. Predicted Price Range Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $55.0 to $90.0 for Charles Schwab over the recent three months. Insights into Volume & Open Interest 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 $55.0 to $90.0 in the last 30 days. Charles Schwab 30-Day Option Volume & Interest Snapshot Loading... Loading... Noteworthy Options Activity: Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume SCHW PUT TRADE BEARISH 01/16/26 $4.0 $3.8 $3.95 $55.00 $395.0K 1.3K 1.0K SCHW PUT TRADE BEARISH 06/20/25 $4.15 $3.95 $4.1 $60.00 $368.9K 998 900 SCHW CALL TRADE BEARISH 06/20/25 $5.8 $3.6 $4.24 $90.00 $254.4K 205 600 SCHW CALL TRADE BULLISH 11/15/24 $3.9 $3.75 $3.88 $80.00 $194.0K 328 500 SCHW CALL SWEEP BULLISH 07/19/24 $9.2 $9.15 $9.2 $65.00 $141.6K 904 160 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. Current Position of Charles Schwab Currently trading with a volume of 2,309,982, the SCHW's price is up by 0.06%, now at $71.5. RSI readings suggest the stock is currently may be approaching overbought. Anticipated earnings release is in 12 days. Expert Opinions on Charles Schwab In the last month, 2 experts released ratings on this stock with an average target price of $82.0. An analyst from TD Cowen has elevated its stance to Outperform, setting a new price target at $87. An analyst from Deutsche Bank has decided to maintain their Buy rating on Charles Schwab, which currently sits at a price target of $77. 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. Loading... Loading...