Charles Schwab's most recent trend suggests a bullish bias. One trading opportunity on Charles Schwab is a Bull Put Spread using a strike $27.00 short put and a strike $22.00 long put offers a potential 8.7% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $27.00 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 $22.00 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 45.6 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
[$$] Mom and Pop Step Up Their Trading
Thu, 24 Apr 2014 00:40:46 GMT
The Wall Street Journal – Discount brokers TD Ameritrade and E*Trade Financial reported big jumps in daily trading volume in the first quarter from the same period a year ago.
E-Trade profit rises on more daily client trades
Wed, 23 Apr 2014 23:02:42 GMT
[$$] E*Trade Posts Higher Profit
Wed, 23 Apr 2014 20:16:21 GMT
Schwab Declares Regular Quarterly Common Stock Dividend and Preferred Stock Dividend
Wed, 23 Apr 2014 20:16:00 GMT
Business Wire – The Board of Directors of The Charles Schwab Corporation has declared a regular quarterly cash dividend of $0.06 per common share. The dividend is payable May 23, 2014 to stockhold
E*Trade Financial profit soars as loan loss provision falls
Wed, 23 Apr 2014 20:10:04 GMT
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