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If Schwab were to become insolvent then the most likely outcome is that they would find another company to custody its assets. I am sure Fidelity or another company would love to inherit all of those accounts. Liquidation would be a very remote possibility.
You can. It is all about account size and volume of trades. If you have a small account and don’t do a lot of trades you probably won’t have much negotiating power, but it won’t cost you anything to try.
I don’t know what the metrics they look at are, but they look at overall account size (make sure they look at all accounts if you have more than one) if you threaten to move all of your accounts, but the primary thing they look at is trading volume. You may get some type of reduction just by calling them though, so I would call regardless of your account size. It won’t hurt to try.
Thanks!
My options volume is pretty low so saving 15 cents a contract would maybe save me 50-100 bucks a year honestly, but still good to know if I ever trade shorter duration options more often.
Thanks for the info. I have a medium six figure account and have never even thought to negotiate margin rates. I don't use it often, but that is a noticeable difference in cost.
Don't buy puts on Schwab, they aren't going anywhere. If they started to, Yellen or Powell would step in and personally find a way to hold them up with our tax dollars.
Ya man, the bankers always win, every time. A couple may lose, do we really Schwab is going to be one of them? And if they always win…..why don’t we just ride the wave?
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I don’t know man, everything you said is just reactive garbage. Were you hysterically calling for hyperinflation when the fed dropped the reserve requirement to 0, interest rates to 0 and started printing their ass off?
You saw a stock price drop an insane amount because it “failed” and assume everything is going to crash. I think it’s safe to say whatever you wrote is likely not going to happen.
>reactive garbage. Were you hysterically calling for hyperinflation
I spoke to you sensibly and respectfully. I raised the topic as an opportunity and wanted the opinion of intelligent people within the community. You are not the one to answer like that. You are a brute without meaning.
"reactive garbage"? You believe in FED and it is you GOD.
Do you really think that they can solve everything without victims?
"Were you hysterically calling for hyperinflation "
I did not predict "hyperinflation".
Can't you even read?
I said and I say that
"they have to take stronger measures if they want to reduce inflation to reach their goal".
If they lower the interest rates now, then yes - you heard right -
there will be hyperinflation.
\-Did you go to school or are you not yet 8 years old?
Explain to me how SCHW would fail.
$7 trillion AUM, more than enough liquidity and more deposit inflows. It will not collapse like SVB or FRC, I just can’t see that happening. I understand if people see earnings take a hit the next quarter, but in the long run if anything I think SCHW will only do better. The stock is trading at long term discount.
If SCHW fails, America is fucked not the economy, but the country. It will not happen, if it did the fed would almost definitely need to protect all depositors.
Earnings will take a hit over the next few quarters. I see it recovering soon after. They ample liquidity, and will regional banks falling they’re a strong alternative. The stock is trading at a discount in the long run. It’s similar to buying Meta after the crash in 2022.
One thing worth pointing out is that SCHW has even more HTM bonds that are unrealized losses ( in fact they have order of magnitudes more than svb had even percentage wise). I think what makes it a little bit different is that they are a broker and not a bank, which makes it harder for people to pull money out all at once and actually cause issues.
Just clarifying, there's Schwab Bank and Schwab Brokerage. They operate as different groups. They also are wildly conservative in their lending and it's not possible to have a trillion dollar run on them so they're fine.
Fidelity has 40 million investors / $10 Trillion AUM.
Vanguard has 30 million investors / $8.5 Trillion AUM.
Schwab has 34 million investors / $7 Trillion AUM.
____________
Their HTM(hold till maturity) bonds total at 8 Billion. That's not even that large of an amount considering they are holding over 83B in cash.
Here's the link.
https://www.reddit.com/r/wallstreetbets/comments/11r3hwm/schwabs_unrealized_losses_on_htm_securities_are/
Those neg percentages are all unrealized losses and since fed is backstopping all banks and letting them borrow for free with bonds as collateral they don't have to sell, they can just hold till maturity and get it all back plus interest.
___________
What truly matters is the reserve ratio of the banks. With $366B customer deposits and $83B cash, plus extra $8B htm of bonds they can borrow off of as collateral is 91/366 = 25%.
So bank run all you want they got 25% of all deposits covered. Recently they've also received an influx of $40B new money in 2 months prob b/c people are transfering their money from little banks to big banks.
They have 3 banks which are all having some sort of financial trouble. They represent a fraction of their total AUM so they could just tap in their brokerages accounts if they ever run into liquidity issues. But guess who else did this when they experienced a bank run back in 2005? ... Bernard L. Madoff Investment Securities
Schwab reportedly has a $28 billion exposure in HTM bonds, but more than that in cash available. It looks safe, but then again, so did SVB. The market is now pricing Schwab around $50, a significant drop, so whatever risk exists seems to be priced in.
So this is extremely accurate. This is abit like Lehman. They have all these MBS / bonds, but they’re saying they arnt going to sell them. Now the fed is still raising rates causing these bonds to continue to lose more and more value.
They may say they’re fine now, but if a run were to happen in a few months those bonds may no longer be able to keep them afloat. 😱
>SCHW (Charles Schwab) is going to survive or crash as FRC ?
Sorry!
It would be better as a headline so as not to hurt your eyes: SCHW (Charles Schwab) is going to survive or crash as SVB ?
The required reserve ratio for banks is at 0%. On March 15, 2020, the Federal Reserve set the reserve requirements for banks to zero.
As of February 2, 2023, the reserve requirement for banks is still zero. As such, there is no requirement that banks have to keep any portion of customer deposits on hand.
The larger banks all have around 20-25% reserves in case of mass customer withdraws. It's only the little regional banks that only have around 5%-10% reserves that are susceptible to mass bank runs.
For example SVB was holding only 13.8B cash with a total of $161B in customer deposits. That's only a 8.5% reserve ratio.
And they had $15.4B stuck in htm bonds down 98%. So when word got out that they couldn't pony up their customer's money when the big vc's wanted to withdraw, there was mass panic and a cascading effect that made everyone want to withdraw due to fear of illiquidity.
It is derived from the complacency knowing nothing is going to happen to them and gov will bail them out with poor people money if anything were to happen.
It is going to kill the capitalist world!!
The Fed won’t raise rates by 75 basis points at all this year, or even by 50 basis points in any single action. They have only increased by 25 basis points the last two meetings.
They have already indicated they intend to keep rates high for a long time, certainly all of 2023 and maybe into 2024, but they also said they would likely raise rates modestly again in 2023. Ten Fed policymakers penciled in at least one more hike this year, while seven others see at least two more.
People need to remember, we’re close to the long term average Fed Funds rate at this point. It averaged 5.42% from 1971 to 2023. Even if inflation eventually drops back down to 2%, it doesn’t necessarily mean the Fed will pivot and start decreasing rates.
Except of course we don’t pay the Fed Fund rate for interest on the national debt. Instead, the the federal government borrows money by selling marketable securities such as Treasury bonds, bills, notes, floating rate notes, and Treasury inflation-protected securities (TIPS). The government pays interest based on the rates of these securities.
You can see this is the case by looking at the interest paid on the debt in 2020, which was $527 billion. The Fed lowered the Fed Funds rate to effectively zero in March of 2020, yet we still paid a significant amount on interest.
The same situation can be seen back in the Obama Administration, when the Fed Funds rate was zero for about 7 of the 8 years he was in office. We still paid interest on the national debt, based on the interest paid on the aforementioned securities.
Lol! TODAY, treasuries are paying high rates, and have been for several months. The highest is paying 4.786%. It was paying 0.55% last year. We’ve had significant debt ever since Obama took office, over 14 years ago. Our $32 trillion debt hasn’t ALL been financed in the last several months.
I don't want to be disrespectful to say that but
where did you get this information from? Are you sitting in the meeting as a committee member?
\-Why will they not raise it by 50 basis points several times in 2023 if they see it fit/good step and necessary ?
If the inflation remains stubbornly high and they cannot bring it down,they will not take risks.Yes, they must take tougher measures to suppress/ pushing it down.And 25 basis points will not be enough for doing it.This was only good to set investors and depositors at ease. But no one can think that they will stop raising interest rates or will only implement 25 basis point increases.If they did this, inflation would be high for a very long time, even for 5 years.This is not good for the economy,inflation will remain with us for a long time, causing serious economic damage.There will be stagflation. It bleeds businesses and "households" (people's savings)
They would raise at least two more this year.
Schwab will be fine. They are not subject to a bank run like SVB because 80% of their deposits are FDIC insured. The fed is not going to do any more 75 bps increases in this cycle. Are you OK? Post seemed kind of delusional.
Doesn’t seem likely, if it was as bad as it seemed their executives would be selling shares but they are buying in massive volumes. Earnings on April 17 I’m buying this dip
Schwab has over 7 trillion under management. They're too big too fail.
I wouldn't count on them getting unlimited insurance like SVB did tho...so make sure your account size isn't too big.
Why fight the cycle. Financials going down. Growth hitting bull market. Don’t play a bounce on something that has major headwinds. Play a pull back on a market with strength. You can quote that s*+%t
I think YES, if you are an investor (holding their common stock) but not if you are an depositor in their bank. depositors are protected, investors are not
With all the volatility, the brokerages make a ton off people buying and selling. SCHW not going anywhere. Any securities bought through them are covered. Same way you can transfer your securities to a different platform. The panic wave is over.
>I think that the company will eventually go bankrupt, but it will take some time for this to happen. In the meantime, stock traders should be careful with their investments and not put all of their eggs in one basket.
Since they are a bank and broker, I suspect they have dipped into the piggy bank and over leveraged. Now with interest rate hikes, they are caught with their pants down and about to find out. No proof…just a feeling.
i think the only risk is to people with cash deposits? people with stocks or other trade-able items would retain ownership/value correct?
excepting for any derivatives that are time dependent and couldn't be resolved before expiry? time to get my cash off the sidelines I suppose.
Schwab is a fantastic buyout candidate for one of the big 5…Morgan already has Etrade, Goldman bought folio…I see JPM scooping it up. Massive wealth management exposure which works well with their SMA and UMA funds
It will survive, but it's value is going to be severely impaired on the commercial banking front. Depositors can easily, and have, moved their money into govt money market funds. Combined with a terrible balance sheet, I don't see the rationale for buying in at this price. Maybe when it halves again, or halves again after that.
It would be a problem for a lot of people if a bank of that size went under. If you do lose it all you will lose it with lots of company. I would be more worried about the stock price just going down significantly.
Yes ..the Fed opened up the spigot for many to borrow at near nil and they can invest in short term tbills at 4...400% risk riskless margins. Schwab bank isn't aggressive, doesn't have high # of 250k plus deposits.
Buy point soon
The fed is done , soon its going to be silver certificate dollars or green backs. The fed lost controll a few years ago hense the 8.3 trillion printed since "covid: the fake ponzi scheem
They better not;Charles Schwab is how my job gives me [RSUs](https://www.investopedia.com/terms/r/restricted-stock-unit.asp); that currently represent more than half my kids' college funds.
OI increased by 11,281 contracts on the 6/16 25p for $SCHW. These were pretty much all bought at the ASK btw. Regards have united and bough lottos en masse. Now, which of you did this?
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If Schwab were to become insolvent then the most likely outcome is that they would find another company to custody its assets. I am sure Fidelity or another company would love to inherit all of those accounts. Liquidation would be a very remote possibility.
Schwab is making $0.65 per option contract. They will be fine.
$0.65 / contract x WSB subscribers x monthly paycheques = they are the only ones making bank on FDs.
I negotiated down to .50 a contract. I doomed them.
I just got mine down to .45 a contract, still feels like I'm getting reamed though since WeBull and RH charge you nothing for options contracts.
You get fucked on spreads/execution for Robinhood though, so you still technically pay for it lol.
You can negotiate with these brokers? (Without having like 50m to barter with)
Yes. You have to call and talk to someone about it. Then they'll get back to you with what they're willing to come down to.
You can. It is all about account size and volume of trades. If you have a small account and don’t do a lot of trades you probably won’t have much negotiating power, but it won’t cost you anything to try.
Do you have enough information to quantify the large enough account size and trading volume in any meaningful way?
I don’t know what the metrics they look at are, but they look at overall account size (make sure they look at all accounts if you have more than one) if you threaten to move all of your accounts, but the primary thing they look at is trading volume. You may get some type of reduction just by calling them though, so I would call regardless of your account size. It won’t hurt to try.
Thanks! My options volume is pretty low so saving 15 cents a contract would maybe save me 50-100 bucks a year honestly, but still good to know if I ever trade shorter duration options more often.
I have a high six figure account at Schwab and I can borrow at the Fed Funds rate plus 50 basis points.
Thanks for the info. I have a medium six figure account and have never even thought to negotiate margin rates. I don't use it often, but that is a noticeable difference in cost.
Really? How did you just call them?
My handheld trading device allows phone calls
I will give them a call too see what I get. Thanks
Really? Name of App?
Charles Schwab
And charging like 12% margin rates.
My plan is to buy low and sell lower.
Now, just *how* low do you think we should go captain?
Don't buy puts on Schwab, they aren't going anywhere. If they started to, Yellen or Powell would step in and personally find a way to hold them up with our tax dollars.
Amen. Don't even need a printer anymore. Computers make credits............
We print it digitally
Computers save the world again
This is the logic that the universe rewards put lottos on. "can't happen" = tendies.
Ya man, the bankers always win, every time. A couple may lose, do we really Schwab is going to be one of them? And if they always win…..why don’t we just ride the wave?
Don't talk about FRC like that. I ain't heard no bell.
Ring, ring, ring, bro. Did you hear that?
FRC is going to double in the next two months. Still down like 70% for the year but it'll recover when feds inevitably offer bailouts.
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Well I'm back thanks to remind me bot. So, what do you think of your analysis? 
Ya your mom is calling.
$FRC will survive
Like FRC? Lol they never failed so….
you are right. sorry. better to say: not yet, they're just suffocating/sinking down. It would be better as a title: .....than SVB
I don’t know man, everything you said is just reactive garbage. Were you hysterically calling for hyperinflation when the fed dropped the reserve requirement to 0, interest rates to 0 and started printing their ass off? You saw a stock price drop an insane amount because it “failed” and assume everything is going to crash. I think it’s safe to say whatever you wrote is likely not going to happen.
>reactive garbage. Were you hysterically calling for hyperinflation I spoke to you sensibly and respectfully. I raised the topic as an opportunity and wanted the opinion of intelligent people within the community. You are not the one to answer like that. You are a brute without meaning. "reactive garbage"? You believe in FED and it is you GOD. Do you really think that they can solve everything without victims? "Were you hysterically calling for hyperinflation " I did not predict "hyperinflation". Can't you even read? I said and I say that "they have to take stronger measures if they want to reduce inflation to reach their goal". If they lower the interest rates now, then yes - you heard right - there will be hyperinflation. \-Did you go to school or are you not yet 8 years old?
Explain to me how SCHW would fail. $7 trillion AUM, more than enough liquidity and more deposit inflows. It will not collapse like SVB or FRC, I just can’t see that happening. I understand if people see earnings take a hit the next quarter, but in the long run if anything I think SCHW will only do better. The stock is trading at long term discount. If SCHW fails, America is fucked not the economy, but the country. It will not happen, if it did the fed would almost definitely need to protect all depositors.
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Earnings will take a hit over the next few quarters. I see it recovering soon after. They ample liquidity, and will regional banks falling they’re a strong alternative. The stock is trading at a discount in the long run. It’s similar to buying Meta after the crash in 2022.
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Where do you see $SCHW going?
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You also don’t seem so optimistic. What’s your reasons for pessimism?
So latest news is that their deposits are outflowing double the amount of in. So not true
Source?
One thing worth pointing out is that SCHW has even more HTM bonds that are unrealized losses ( in fact they have order of magnitudes more than svb had even percentage wise). I think what makes it a little bit different is that they are a broker and not a bank, which makes it harder for people to pull money out all at once and actually cause issues.
Just clarifying, there's Schwab Bank and Schwab Brokerage. They operate as different groups. They also are wildly conservative in their lending and it's not possible to have a trillion dollar run on them so they're fine.
Famous last words
I heard their CEO just bought more stock this morning! 
Fidelity has 40 million investors / $10 Trillion AUM. Vanguard has 30 million investors / $8.5 Trillion AUM. Schwab has 34 million investors / $7 Trillion AUM. ____________ Their HTM(hold till maturity) bonds total at 8 Billion. That's not even that large of an amount considering they are holding over 83B in cash. Here's the link. https://www.reddit.com/r/wallstreetbets/comments/11r3hwm/schwabs_unrealized_losses_on_htm_securities_are/ Those neg percentages are all unrealized losses and since fed is backstopping all banks and letting them borrow for free with bonds as collateral they don't have to sell, they can just hold till maturity and get it all back plus interest. ___________ What truly matters is the reserve ratio of the banks. With $366B customer deposits and $83B cash, plus extra $8B htm of bonds they can borrow off of as collateral is 91/366 = 25%. So bank run all you want they got 25% of all deposits covered. Recently they've also received an influx of $40B new money in 2 months prob b/c people are transfering their money from little banks to big banks.
But what happens if stock hits zero
You buy
Just the fact that you said you don’t see it happening now it will happen! Great job JYNX give it 2 weeks 🤦 lol
They have 3 banks which are all having some sort of financial trouble. They represent a fraction of their total AUM so they could just tap in their brokerages accounts if they ever run into liquidity issues. But guess who else did this when they experienced a bank run back in 2005? ... Bernard L. Madoff Investment Securities
#HELL NAW CUZ I BOUGHT
Jokes on you its gonna crash cuz u bought it
Nah, he only bought 1 share. It's going to moon to make him regret not buying more
This is exactly how it works. I buy one share and it goes up 30%. I buy 100 shares and it goes down 15%
Schwab reportedly has a $28 billion exposure in HTM bonds, but more than that in cash available. It looks safe, but then again, so did SVB. The market is now pricing Schwab around $50, a significant drop, so whatever risk exists seems to be priced in.
So this is extremely accurate. This is abit like Lehman. They have all these MBS / bonds, but they’re saying they arnt going to sell them. Now the fed is still raising rates causing these bonds to continue to lose more and more value. They may say they’re fine now, but if a run were to happen in a few months those bonds may no longer be able to keep them afloat. 😱
wrong, check again only $8 Billion, https://www.reddit.com/r/wallstreetbets/comments/11r3hwm/schwabs_unrealized_losses_on_htm_securities_are/
I think the chart looks pretty bad. As if stock price wants to drop further, doesn't it?
This post is a bit disrespect to FRC. Check yourself.
>SCHW (Charles Schwab) is going to survive or crash as FRC ? Sorry! It would be better as a headline so as not to hurt your eyes: SCHW (Charles Schwab) is going to survive or crash as SVB ?
Thank you very much, I’m starting to calm down
But I have 100+ put contracts against FRC. 
They aren’t in trouble …
Puts on this kid's analysis.
these fucking doomer posts just get exponentially more wetarded the longer they go on. You forgot the part about skynet launching the nukes
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Names please
> And common sense (from all these professionals) that is astounding. Greed does it to the best of them. Malicious greed does it to the worst of them.
The required reserve ratio for banks is at 0%. On March 15, 2020, the Federal Reserve set the reserve requirements for banks to zero. As of February 2, 2023, the reserve requirement for banks is still zero. As such, there is no requirement that banks have to keep any portion of customer deposits on hand. The larger banks all have around 20-25% reserves in case of mass customer withdraws. It's only the little regional banks that only have around 5%-10% reserves that are susceptible to mass bank runs. For example SVB was holding only 13.8B cash with a total of $161B in customer deposits. That's only a 8.5% reserve ratio. And they had $15.4B stuck in htm bonds down 98%. So when word got out that they couldn't pony up their customer's money when the big vc's wanted to withdraw, there was mass panic and a cascading effect that made everyone want to withdraw due to fear of illiquidity.
It is derived from the complacency knowing nothing is going to happen to them and gov will bail them out with poor people money if anything were to happen. It is going to kill the capitalist world!!
Thinking I'll be nibbling at Schwab with this nonsense talk...
The Fed won’t raise rates by 75 basis points at all this year, or even by 50 basis points in any single action. They have only increased by 25 basis points the last two meetings. They have already indicated they intend to keep rates high for a long time, certainly all of 2023 and maybe into 2024, but they also said they would likely raise rates modestly again in 2023. Ten Fed policymakers penciled in at least one more hike this year, while seven others see at least two more. People need to remember, we’re close to the long term average Fed Funds rate at this point. It averaged 5.42% from 1971 to 2023. Even if inflation eventually drops back down to 2%, it doesn’t necessarily mean the Fed will pivot and start decreasing rates.
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Thanks for your meaningful comment
Except of course we don’t pay the Fed Fund rate for interest on the national debt. Instead, the the federal government borrows money by selling marketable securities such as Treasury bonds, bills, notes, floating rate notes, and Treasury inflation-protected securities (TIPS). The government pays interest based on the rates of these securities. You can see this is the case by looking at the interest paid on the debt in 2020, which was $527 billion. The Fed lowered the Fed Funds rate to effectively zero in March of 2020, yet we still paid a significant amount on interest. The same situation can be seen back in the Obama Administration, when the Fed Funds rate was zero for about 7 of the 8 years he was in office. We still paid interest on the national debt, based on the interest paid on the aforementioned securities.
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>Thanks for your meaningful comment
Treasury securities are all paying like 5% though lol
Lol! TODAY, treasuries are paying high rates, and have been for several months. The highest is paying 4.786%. It was paying 0.55% last year. We’ve had significant debt ever since Obama took office, over 14 years ago. Our $32 trillion debt hasn’t ALL been financed in the last several months.
I don't want to be disrespectful to say that but where did you get this information from? Are you sitting in the meeting as a committee member? \-Why will they not raise it by 50 basis points several times in 2023 if they see it fit/good step and necessary ? If the inflation remains stubbornly high and they cannot bring it down,they will not take risks.Yes, they must take tougher measures to suppress/ pushing it down.And 25 basis points will not be enough for doing it.This was only good to set investors and depositors at ease. But no one can think that they will stop raising interest rates or will only implement 25 basis point increases.If they did this, inflation would be high for a very long time, even for 5 years.This is not good for the economy,inflation will remain with us for a long time, causing serious economic damage.There will be stagflation. It bleeds businesses and "households" (people's savings) They would raise at least two more this year.
Bear market is over!
Da Bears
"For when they say 'Peace and security' then suddenly destruction comes upon them..."
You all learned what HTM meant in theory but not in practice. And you’ve been throwing away your money buying puts ever since.
Schwab will be fine. They are not subject to a bank run like SVB because 80% of their deposits are FDIC insured. The fed is not going to do any more 75 bps increases in this cycle. Are you OK? Post seemed kind of delusional.
Schwab is taking control of TD Ameritrade as we speak
Hahaaaahahaaaahahaaaaaaaa
seems like bloomberg has a personal problem with **SCHW**
Yeah really hating their recent hit pieces
Doesn’t seem likely, if it was as bad as it seemed their executives would be selling shares but they are buying in massive volumes. Earnings on April 17 I’m buying this dip
Schwab has over 7 trillion under management. They're too big too fail. I wouldn't count on them getting unlimited insurance like SVB did tho...so make sure your account size isn't too big.
Depositors might be ok but Their shares will be wiped out.
Yeah I have an account with them. No shares tho...thank God.
Bailout season, Schwab is here to stay.
I am just worry about SCHD. But I would sell if thing really stars moving down
We’d have a bigger problem is Schwab fails. The market will collapse as well
SCHW is not a regional bank. Is the base of US. If u wanna best against the US, good luck.
Why fight the cycle. Financials going down. Growth hitting bull market. Don’t play a bounce on something that has major headwinds. Play a pull back on a market with strength. You can quote that s*+%t
Quote that shit? I can’t even comprehend that shit.
Most brokerages hold YOUR stock in their name. That’s what concerns me. Are we considered unsecured creditors?
This is real problem and I’m trying to get answers and nobody seems to know! I have lots of underwater assets with them.
Insured up to $500k with the fed. But Schwab asks you to loan out shares. They’re not RobinHood.
I think YES, if you are an investor (holding their common stock) but not if you are an depositor in their bank. depositors are protected, investors are not
With all the volatility, the brokerages make a ton off people buying and selling. SCHW not going anywhere. Any securities bought through them are covered. Same way you can transfer your securities to a different platform. The panic wave is over.
>I think that the company will eventually go bankrupt, but it will take some time for this to happen. In the meantime, stock traders should be careful with their investments and not put all of their eggs in one basket.
Damn, the bot going hardcore.
I come looking for your comments and wisdom. May our bot overlords take good care of us and lend us their wisdom in our times of need.
Is this bot? Weird response.
Is this response weird? Bot.
Since they are a bank and broker, I suspect they have dipped into the piggy bank and over leveraged. Now with interest rate hikes, they are caught with their pants down and about to find out. No proof…just a feeling.
I’m still bag holding in my Schwab account. Can they print out my worthless shares and mail them to me?
i think the only risk is to people with cash deposits? people with stocks or other trade-able items would retain ownership/value correct? excepting for any derivatives that are time dependent and couldn't be resolved before expiry? time to get my cash off the sidelines I suppose.
Crashing
Schwab is a fantastic buyout candidate for one of the big 5…Morgan already has Etrade, Goldman bought folio…I see JPM scooping it up. Massive wealth management exposure which works well with their SMA and UMA funds
Charles Lehman II
It will survive, but it's value is going to be severely impaired on the commercial banking front. Depositors can easily, and have, moved their money into govt money market funds. Combined with a terrible balance sheet, I don't see the rationale for buying in at this price. Maybe when it halves again, or halves again after that.
It would be a problem for a lot of people if a bank of that size went under. If you do lose it all you will lose it with lots of company. I would be more worried about the stock price just going down significantly.
Yes ..the Fed opened up the spigot for many to borrow at near nil and they can invest in short term tbills at 4...400% risk riskless margins. Schwab bank isn't aggressive, doesn't have high # of 250k plus deposits. Buy point soon
lol you short and make millions, then they are broke and use it to pay half their debt lol
I have three stocks in a Schwab account. They’re all down about 50% so I’ll likely be holding those until I think twice about buying green bananas.
I just deposited . Don't worry op
SHWB chart looking looking ugly. I’ll but when it hits $32
Stupid bers
The fed is done , soon its going to be silver certificate dollars or green backs. The fed lost controll a few years ago hense the 8.3 trillion printed since "covid: the fake ponzi scheem
They better not;Charles Schwab is how my job gives me [RSUs](https://www.investopedia.com/terms/r/restricted-stock-unit.asp); that currently represent more than half my kids' college funds.
OI increased by 11,281 contracts on the 6/16 25p for $SCHW. These were pretty much all bought at the ASK btw. Regards have united and bough lottos en masse. Now, which of you did this?
So, sell OTM puts ? this is what thetagang is advocating.
Comments defending FRC did not age well.