Schwab Introduces Advanced Options Trading Tools | Business Wire
SAN FRANCISCO–(BUSINESS WIRE)–Charles Schwab today announced improved options trading capabilities for
active traders with several key upgrades to its trading platforms. The
firm’s clients will now have enhanced charting and screening tools,
reflecting Schwab’s tradition of making market information more
actionable, helping traders make better decisions in times of market
volatility. These new features include:
Several New Charting Studies are being added to its trading
platforms to provide more comprehensive options-specific technical
data (Implied Volatility &. Put/Call Ratio) to help traders identify
trends and make better informed trading decisions.
New Options Screening Capabilities are being added to the
existing Customizable Options Screener including covered call, delta,
and implied volatility screening.
New Historical Option Price Charts and Strategy Profit/Loss Charts are
being added to help traders evaluate price trends as well as the
potential profit or loss on new option trades.
Multi-leg Trading Enhancements provide advanced traders with an
improved trading experience on their multi-leg orders including, No
Bid and Good Till Canceled multi-leg orders. These enhancements will
make it easier for clients placing these trades.
A recent Schwab survey of more than 600 active traders found that 44
percent of respondents trade options regularly. “We continue to see
growth in options trading as active traders seek new tactics to help
manage risk and generate income during high levels of volatility,” said
Kelli Keough, vice president of Schwab’s Active Trading Services. “These
new enhancements come at a critical time and will help our clients
execute sophisticated trading strategies, even in complex market
conditions. As such, they'll make important market information more
actionable to help investors meet their financial objectives.”
Schwab offers a library of online webinars, live webcasts and in-person
workshops at http://www.schwabat.com/education/overview.aspx
to help active traders learn more about the new features and
enhancements to its trading platforms.
For more information about the active trading services at Charles
Schwab, please visit http://www.schwabat.com.
Schwab Active Trader clients wanting help integrating these new tools
into their trading strategy should contact a Schwab representative.
About Charles Schwab
The Charles Schwab Corporation (Nasdaq:SCHW) is a leading provider of
financial services. Through its operating subsidiaries, the company
provides a full range of securities brokerage, banking, money management
and financial advisory services to individual investors and independent
investment advisors. Its broker-dealer subsidiary, Charles Schwab &. Co.,
Inc., is a member of SIPC (http://www.sipc.org).
The Charles Schwab Bank (member FDIC) provides banking and mortgage
services and products. More information is available at www.schwab.com.
Supporting documentation for any claims and statistical information is
available upon request.
Options carry a high level of risk and aren't suitable for all
investors. Certain requirements must be met to trade options through
Schwab. Multiple leg options strategies will involve multiple
commissions. Please read the Options Disclosure Document titled
“Characteristics and Risks of Standardized Options”. Before considering
any option transaction. Call your local Schwab office or write Charles
Schwab &. Co., Inc. 101 Montgomery Street, San Francisco, CA 94104 for a
Schwab’s StreetSmart Pro™ and StreetSmart.com™ are available for Schwab
Active Trading clients. Access to NASDAQ Level II quotes is provided for
free to non-professional clients who have made 120 or more equity and
options trades in the last 12 months, 30 or more equity and options
trades in either the current or previous quarters or maintain $1 million
or more in household balances at Schwab. Schwab Active Trading clients
who don't meet these requirements can subscribe to NASDAQ Level II
quotes for a quarterly fee. Professional clients may be required to meet
additional criteria before obtaining a subscription to NASDAQ Level II
The speed and performance of streaming data may vary depending on your
modem speed and ISP connection. Access to electronic services may be
limited or unavailable during periods of peak demand, market volatility,
systems upgrades or maintenance. For other reasons.
Schwab doesn't recommend the use of technical analysis as a sole means
of investment research. (0408-6904)