695 SCHW Sep 28 calls went up in 1 block on the PHLX.?

SCHW

Shares of Charles Schwab (SCHW) are up .02 to 25.48 today.? SCHW is near the low end of the 52 week range.

  • Paper traded 695 SCHW Sep 28 calls for 1.75 today.?
  • The ADV is 4876.?
  • The OI is 61 contacts.

The volume went up in 1 block on the PHLX.? Over 13000 contracts traded on the strike with buyers sweeping the offers in large blocks on all floors.? Most of the volume occurred within a 1 minute span this morning close to the open.? This could be a hedge or a net long expecting SCHW to make a move higher.

  • IV 30 is trading for 38%.?
  • HV10 is trading for 39%.?
  • IV 30 is trading below the HV 10.

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.