The Options Insider

Near the money call buyers jump in SCHW

by | Mar 18, 2016 | Unusual Activity

7000 SCHW Apr 29 calls went up on the ISE.?

SCHW

Shares of the Charles Schwab Corp (SCHW) are up .44 to 28.10 today.? SCHW is near the middle of the 52 week range.

  • Paper traded 7000 SCHW Apr 29 calls for .70.?
  • The ADV is 4961 contracts.?
  • The OI is 23k and 2304.

The trade went up on the ISE.? This block went up with other size trades with volume of 10000 contracts on the strike. ??It does not appear to have stock against this at the time of trade so these call buys are mostly looking bullish.

  • ?IV30 is 33%; HV10 is 41 %?
  • The implied volatility is trading at a discount to the realized volatility.

The Charles Schwab Corporation (CSC) is a savings and loan holding company. Through its subsidiaries, the Company engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services.