TopgOptions

SCHW The Charles Schwab Corporation Options Ahead of Earnings

Short
TopgOptions Updated   
BATS:SCHW   Charles Schwab Corporation (The)
If you haven`t sold SCHW here:

Then analyzing the options chain and the chart patterns of SCHW The Charles Schwab Corporation prior to the earnings report this week,
I would consider purchasing the 66usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.06.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached:
SCHW closed at $63.78 at expiration, and the $66 strike price puts went from $2.06 to $2.22, resulting in a small gain! Intraday SCHW traded as low as $61.90, if you timed your exit perfectly.

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