Looking At Charles Schwab's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Charles Schwab (NYSE:SCHW) as indicated by unusual options activity. The sentiment among these big-money traders is split between 46% bullish and 53% bearish. The whales have been targeting a price range from $25.0 to $90.0 for Charles Schwab over the last 3 months. The current price of SCHW is $66.42, down by 0.08%. Various experts have maintained their ratings on Charles Schwab with price targets ranging from $60 to $77.
July 24, 2023 | 8:01 pm
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Unusual options activity indicates a bearish stance on Charles Schwab. The sentiment among big-money traders is split, with a slight lean towards bearish. The current price of SCHW is $66.42, down by 0.08%.
The unusual options activity, with a bearish stance, indicates that there might be a negative sentiment towards Charles Schwab. This could potentially lead to a decrease in the stock price in the short term. The current price of SCHW is already down by 0.08%, which might be an early indication of this trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100