9744 SCHW Jan2017 29 calls over 25 puts went up on the PHLX marked spread
Shares of Charles Schwab Corp (SCHW) are up .23 to 27.70 today.? SCHW is near the middle of the 52 week range.
- Paper traded 9744 SCHW Jan2017 29 calls over 25 puts for 1.65 and 1.40.?
- The ADV is 4817.?
- The OI is 146 on the calls and 2733 on the puts.
The trade went up on the PHLX marked spread.? As priced the investor bought calls and sold puts and is looking for new highs or close to new highs by the end of the year in SCHW.? The .25 debit needs a good move higher.
- IV30 is 27% and HV10 is 21%.?
- The IV30 is trading at a premium to the HV10.
The Charles Schwab Corporation is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services.

