Charles Schwab's most recent trend suggests a bullish bias. One trading opportunity on Charles Schwab is a Bull Put Spread using a strike $29.00 short put and a strike $24.00 long put offers a potential 8.7% 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 $29.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $24.00 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 79.52 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
SCHWAB CHARLES CORP Files SEC form 10-Q, Quarterly Report
Thu, 06 Nov 2014 20:14:47 GMT
Schwab Advisor Services Announces Annual Impact Awards® Recipients and Introduces New Best-in-Retirement Business Category for 2014
Thu, 06 Nov 2014 16:09:38 GMT
noodls – Bingham, Osborn & Scarborough, LLC, Beacon Pointe Advisors, United Capital Financial Advisers, LLC, and Alliance Benefit Group of Minnesota & Kansas recognized for outstanding achievement at the IMPACT …
Schwab Advisor Services Announces Annual Impact Awards® Recipients and Introduces New Best-in-Retirement Business Category for 2014
Thu, 06 Nov 2014 15:45:00 GMT
Business Wire – Schwab Advisor Services announced today the recipients of the ninth annual IMPACT Awards® for independent registered investment advisor firms. The winners were honored this m
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Thu, 06 Nov 2014 12:00:00 GMT
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