SCHW was weak all day for no apparent reason

[zdreg]

an option chain has more than 3 headings

Your response is exactly what one could expect from you based upon your prior posts.

 

[JackMorgan]

Im not here to wise you up. Stay dumb

 

[murray t turtle]

No so sure. Theoretically, they might want to send stock orders like options order are sent now, where multiple dealers and others BID for the trade, instead of just one frontrunner like Citadel.

%%
EXACTLY;
that was the SEC that did the main pushing for decimals, price improvement to the max....................[ i still use fractions but not for bid ask /LOL]
SCHW + IBKR are 2 of the better run brokerages. E\Trade may have been one of the worse , maybe MS cleaned thier clock when they bought 'em]
BUT even with good companies; its like IBD book noted when the bear$ raid the house they usually get them all\LOL. I trade about 95% super liquid stuff so a limit order is a limit order; Citadel + all of them do ok on that. Market exits mostly , so i guess broker love me sometimes

 

[JackMorgan]

Only allowing billion dollar frontrunners and dark pool to use sub penny was and is criminal

 

[murray t turtle]

Only allowing billion dollar frontrunners and dark pool to use sub penny was and is criminal

%%
I havent done the math on billion bucks;
but dont you hate it when we only buy1 apple @ 3 for $1.00 its $oo.34 LOL??.
That's why i have a commercial orchard + tend to buy 3 pounds or more of red + green apples.
IF i need to buy apples in SEPT, like stocks \they dump plenty cheap usually so usually get more than 3 pounds...........................................
I like the way WMT will honor a shelf price quote/even if the price is wrongly jacked up @ cash register.[The one time they did not ;i said ok i dont want it.]

 

[zdreg]

I still feel Schwab is a great buy (today Monday after market close).

You are conflating a good company with a good price for the stock, The stock price is still high by traditional metrics.

 

[murray t turtle]

I follow Schwab...Have 200 shares. I think 100 shares are optioned at $72.50, the other is at $90...Covered calls for Jan 23. Schwab should make a ton of money once interest rates rise. They should gain hundreds of millions of dollars on their money market funds, bank, and the float on transactions. As I have shared before, I see generational money moving down to kids and grand kids. I think the younger people will wise up and not go with Robinhood. I can see them going with IB...That does make sense. But, at some point younger people will want customer service...Hand holding. They will get it a Schwab and Fidelity. They won't get it at the big brokers without paying an arm and a leg.

Yeah, there is much money to be gained by using market makers. It will be made up in different ways. Just like a car registration or your property tax bill (even your insurance bills), you will see different fees popping up at Schwab, Fidelity, or IB if this does go through. You will still get free trades...Just more fees!!
You can't get blood from a turnip...

I still feel Schwab is a great buy (today Monday after market close).

%%
Good points.
BUT SCHW has a good bank; so dont bank on more fee increase from SCHW
Like MSFT, they are one of the all time % gainers, IBD books note.
IBD liked them so much they put them in their Selling Stocks Short Book LOL

 

[Cabin111]

You are conflating a good company with a good price for the stock, The stock price is still high by traditional metrics.

The question is, will they grow assets under management over the years?? I can be patient holding those covered calls...Looking for years down the road.

 

[zdreg]

The question is, will they grow assets under management over the years?? I can be patient holding those covered calls...Looking for years down the road.

Asset growth is likely, but that is only one question.
"I can be patient holding those covered calls." One strong spike up and either the stock is taken from you or you are forced to buy back the calls at a loss.

 

[Cabin111]

Asset growth is likely, but that is only one question.
"I can be patient holding those covered calls." One strong spike up and either the stock is taken from you or you are forced to buy back the calls at a loss.

Let them go...Locked in profit (covered calls).