Check Out What Whales Are Doing With SCHW
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Charles Schwab (NYSE:SCHW) by a large investor, as indicated by a large position in options. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $45.0 to $70.0 for Charles Schwab over the last 3 months. The price of SCHW is currently down -2.85% at $57.98.
September 06, 2023 | 6:01 pm
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A large investor has taken a bearish stance on Charles Schwab, indicating potential downward pressure on the stock.
The bearish stance taken by a large investor, as indicated by a significant position in options, suggests that there may be downward pressure on the stock in the short term. This is further supported by the current price of SCHW being down -2.85%.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100