The Charles Schwab Corporation (SCHW)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 12:38 UTC · Figures derived from the full chain (1,174 contracts, 17 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)
Expected move — Sep 18, 2026 (15 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±3.9% (range 104.74–113.26) by Sep 18, 2026. ATM straddle: 4.26 @ strike 109 · ATM IV: 23.2%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 98.10 | -10% | 98.7% | 1.3% |
| 103.55 | -5% | 85.7% | 14.3% |
| 109.00 | +0% | 49.1% | 50.9% |
| 114.45 | +5% | 14.4% | 85.6% |
| 119.90 | +10% | 2.0% | 98.0% |
Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Sep 04, 2026 | 1 | ±1.6% | 25.0% | 10.3K |
| Sep 11, 2026 | 8 | ±2.9% | 23.1% | 8,736 |
| Sep 18, 2026 | 15 | ±3.9% | 23.2% | 110.0K |
| Sep 25, 2026 | 22 | ±4.6% | 23.0% | 1,840 |
| Oct 02, 2026 | 29 | ±5.5% | 24.1% | 1,346 |
| Oct 09, 2026 | 36 | ±6.2% | 24.3% | 120 |
| Oct 16, 2026 | 43 | ±7.0% | 24.8% | 40.8K |
| Oct 23, 2026 | 50 | — | — | 0 |
| Nov 20, 2026 | 78 | ±9.8% | 26.2% | 11.9K |
| Dec 18, 2026 | 106 | ±11.2% | 25.9% | 86.9K |
| Jan 15, 2027 | 134 | ±12.7% | 26.1% | 106.9K |
| Feb 19, 2027 | 169 | ±14.8% | 27.3% | 2,524 |
Open interest by strike — Sep 18
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 105 C · 23.9K115 C · 17.5K110 C · 14.1K87.5 P · 9,067110 P · 8,600
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Track record
Full history →Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.
Past earnings reactions
Avg |reaction| 5.0% · median 4.1% (20 reports) — two-session close-to-close window; definition
About The Charles Schwab Corporation
The Charles Schwab Corporation (SCHW) stands as a prominent financial services enterprise, delivering a comprehensive suite of offerings that encompass wealth management, securities trading and brokerage, banking services, asset administration, custodial solutions, and financial planning advice. Its operations are primarily structured around two core divisions: Investor Services and Advisor Services. The Investor Services segment caters directly to individual retail clients, furnishing a range of services such as brokerage accounts, investment guidance, banking and trust administration, retirement planning, and corporate brokerage offerings. It further assists businesses with the full-service recordkeeping of equity compensation plans (e.g., stock options, restricted stock, performance shares), provides clearing services for retail investors and mutual funds, and offers compliance solutions. Conversely, the Advisor Services segment provides a robust support system for independent investment advisors. This includes custodial services, trading platforms, banking infrastructure, and general operational support. Within this segment, offerings span diverse brokerage accounts for equitie
Financial Services · Financial - Capital Markets · NYSE · Profile: Financial Modeling Prep
SCHW news
All news →What is the average personal loan rate for ?
Yahoo Finance · 14:03 UTC ↗Retirees Can Pay Medicare Premiums Straight From an HSA, Tax-Free. The Average One Pays From Checking.
Yahoo Finance · 14:03 UTC ↗How Micron Technology (MU) is Shaping the AI Landscape
Yahoo Finance · 14:03 UTC ↗As Broadcom’s stock falls, Wall Street focuses on the company’s forecast
Broadcom perhaps came up short of true “market expectations” with its latest outlook, though one analyst said management may be taking a…
MarketWatch · 13:46 UTC ↗Clean sweep or divided Congress, these are the midterm-elections trades to make, says JPMorgan
Some stocks will face very different environments depending on how Americans vote in November.
MarketWatch · 13:35 UTC ↗Related securities — Financial Services
SOFI · IV 47.5%HOOD · IV 66.2%MARA · IV 81.5%NU · IV 40.5%PYPL · IV 29.5%RIOT · IV 77.1%