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Schwab SCHW (news,
chart,
quote) - SCHW volatility Elevated on chatter of M&A & use of proceeds for U.S. Trust
SCHW is expected to close on its U.S. Trust private banking unit sale to BAC for $3.3 billion soon. The CEO of SCHW said at its 12/14/06 business update presentation that the company may consider making acquisitions and pay a special dividend with the $2.5B in after tax proceeds. SCHW call option volume of 11,095 contracts compares to put volume of 1,143 contracts. SCHW June option implied volatility of 32 is above its 26-week average of 28 accor |
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