Charles Schwab's most recent trend suggests a bullish bias. One trading opportunity on Charles Schwab is a Bull Put Spread using a strike $70.50 short put and a strike $65.50 long put offers a potential 16.28% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.50 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $65.50 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 at 76.04 level which suggests that the stock is neither overbought nor oversold at this time.
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
Why You Might Be Interested In The Charles Schwab Corporation (NYSE:SCHW) For Its Upcoming Dividend
Sun, 09 May 2021 08:44:34 +0000
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be…
It’s a good time to take advantage of virtual benefits
Fri, 07 May 2021 19:05:00 +0000
From healthcare to financial wellness, many workers are finding it much easier to schedule a video call than travel to an in-person appointment. The pandemic sharply accelerated a pre-existing trend in retirement education according to new data from Schwab Workplace Financial Services. In 2019, before the pandemic, attendance at virtual retirement education was three times higher than in-person sessions.
Shareholders Will Probably Not Have Any Issues With The Charles Schwab Corporation's (NYSE:SCHW) CEO Compensation
Fri, 07 May 2021 06:27:24 +0000
Performance at The Charles Schwab Corporation ( NYSE:SCHW ) has been reasonably good and CEO Walt Bettinger has done a…
Diamond Hill Capital Cuts Charles Schwab, Texas Instruments
Wed, 05 May 2021 17:32:40 +0000
Firm's largest sales of the 1st quarter
Fidelity Gains Young Investors and Trades. Why Robinhood Should Care.
Wed, 05 May 2021 17:10:00 +0000
The brokerage’s strong numbers show that market incumbents won’t easily be dislodged by trading apps or commission-free trading.
Related Posts
Also on Market Tamer…
Follow Us on Facebook