Charles Schwab (SCHW) Options Chain

NYSE: SCHWFinanceInvestment Bankers/Brokers/ServiceUSD

96.70-0.17 (-0.18%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Sep 17, 2027
Days to expiration: 341
Share price: $96.70
Put/call ratio (OI): 2.60
Put/call ratio (volume): 0.66
ATM implied volatility: 31.2%
Expected move: ±$29.15
Open interest (C / P): 2.00K / 5.21K

SCHW options summary

The SCHW options chain for the September 17, 2027 expiration lists 21 call and 17 put contracts, with 341 days until expiration. Open interest stands at 2,003 calls and 5,215 puts, a put/call ratio of 2.60, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $97.50 strike is 31.2%, which implies the market expects a move of about ±$29.15 (30.1%) in Charles Schwab stock by expiration.

The most open interest sits at the $120.00 call (523 contracts) and the $90.00 put (2.91K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

SCHW options chain · September 17, 2027

SCHW calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
1	—	58.3%	44.95	41.50	45.05	55.00	0.46	0.77	0.61	38.6%	—	8
2	—	54.6%	42.82	37.00	40.65	60.00	0.51	1.04	0.78	36.1%	1	13
—	—	—	—	—	—	65.00	1.05	1.32	0.84	33.2%	—	4
—	—	—	—	—	—	70.00	1.45	1.85	1.66	31.5%	1	50
12	1	40.7%	27.20	25.80	26.90	75.00	2.14	2.69	2.66	30.5%	6	66
23	1	37.7%	31.53	21.95	22.80	80.00	3.25	3.95	3.32	30.1%	3	97
29	1	36.6%	19.24	18.60	19.45	85.00	4.60	4.85	4.85	27.4%	5	234
8	1	35.9%	17.85	14.85	16.50	90.00	6.25	7.40	6.45	29.0%	1	2,911
—	—	—	—	—	—	92.50	6.25	8.40	7.60	28.5%	6	26
6	4	34.3%	13.50	12.50	13.50	95.00	8.25	9.45	9.05	27.9%	3	155
SCHW $96.70
46	1	35.0%	11.55	10.55	12.65	97.50	8.45	10.65	9.60	27.4%	1	512
79	2	32.1%	10.15	10.30	10.55	100.00	10.75	11.00	10.80	24.4%	26	346
273	9	31.6%	8.50	7.75	8.55	105.00	13.25	14.05	13.43	24.0%	25	232
288	10	30.8%	6.80	6.10	6.70	110.00	16.35	17.65	14.80	24.1%	53	463
121	1	30.4%	5.30	4.65	5.30	115.00	20.20	21.50	18.45	23.9%	9	60
523	51	30.1%	4.22	3.95	4.15	120.00	23.90	25.35	16.85	22.8%	2	29
353	72	30.4%	3.29	2.82	3.40	125.00	26.60	30.40	18.10	25.6%	5	9
64	8	30.5%	2.58	2.22	2.73	130.00	—	—	—	—	—	—
70	10	30.5%	2.16	1.69	2.17	135.00	—	—	—	—	—	—
63	4	30.9%	1.91	1.39	1.80	140.00	—	—	—	—	—	—
5	2	31.1%	1.29	0.90	1.47	145.00	—	—	—	—	—	—
16	3	31.4%	0.90	0.69	1.21	150.00	—	—	—	—	—	—
8	39	31.7%	0.60	0.54	0.80	160.00	—	—	—	—	—	—
13	2	31.3%	0.61	0.25	0.59	165.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the SCHW put/call ratio?

For the September 17, 2027 expiration, the SCHW put/call ratio based on open interest is 2.60 (5,215 puts vs 2,003 calls), and 0.66 based on today's volume. A ratio above 1 means more puts than calls.

What is SCHW's implied volatility?

At-the-money implied volatility for SCHW options expiring September 17, 2027 is about 31.2%, an annualized estimate of how much the market expects Charles Schwab stock to move.

How many SCHW option expiration dates are there?

SCHW has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.