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

current copy.

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

quotes.

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)