Charles Schwab's most recent trend suggests a bullish bias. One trading opportunity on Charles Schwab is a Bull Put Spread using a strike $40.50 short put and a strike $35.50 long put offers a potential 13.64% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $40.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $35.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Charles Schwab is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Charles Schwab is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Charles Schwab
Analyst: $0 Commissions Makes E*TRADE A Buyout Target
Mon, 28 Oct 2019 16:25:05 +0000
The discount broker pricing war that has pushed trading commission fees down to $0 virtually across the board has been bad news for broker stocks and fee revenues. However, one analyst said Monday that …
Fractional stocks/millennials: the slice age
Sun, 27 Oct 2019 05:00:55 +0000
Generational inequality has left baby boomers in clover while their children — or children’s children — eke out their lives in rented flats with only the occasional slice of avocado toast for consolation. This creates a problem for brokers, especially when single stocks have steep price labels: where to find the next generation of investors. Fractional trading is the solution, according to Charles Schwab, the big US execution-only broker. Charles Schwab needs to cultivate clients from among millennials who are now in their mid-30s.
Square courts beginning investors with new stock-trading service
Fri, 25 Oct 2019 19:59:19 +0000
Beginning stock-market investors, once the bane of Wall Street, are the new battleground among startups and established brokers.
Online Broker Battlefield Shifts from Costs to Execution Quality
Fri, 25 Oct 2019 17:24:36 +0000
After eliminating trading costs as a differentiating factor, what's next? Retail investors choosing an online broker can now turn to execution quality, which has a bigger impact on profits than commissions.
America’s e-brokerages scramble to protect margins amid fee war
Fri, 25 Oct 2019 03:00:29 +0000
to trade US stocks this month, cutting its fee from $4.95 to zero, it opened up a new front in a gruelling price war. Schwab stock dropped a tenth on the day but its rivals, who hastily matched the move of the San Francisco-based group, suffered even more. TD Ameritrade shares lost a quarter of their value, while E*Trade lost 16 per cent. By the end of the week billions of dollars had been wiped from the combined value of the trio.
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