Traders snap up high-yield bond ETF put options as credit hedge [BNN Bloomberg (Canada)]
Charles Schwab Corporation (The) (SCHW)
Last charles schwab corporation (the) earnings: 4/15 08:45 am
Check Earnings Report
US:NYSE Investor Relations:
aboutschwab.com/investor-relations
Company Research
Source: BNN Bloomberg
A series of put option trades were booked Thursday in the iShares iBoxx High Yield Corporate Bond ETF (HYG) that would rise in value if the junk bond market deteriorates. The ETF's implied volatility and put skew rose to multi-month highs as investors paid up for bearish bets. Alex Coffey, a senior trading strategist at The Charles Schwab Corporation, said buying puts on the HYG is a “recessionary” and “negative growth” trade. The credit market has been slow to incorporate the impact of tariffs on bond defaults, according to Coffey. “One of the interesting features of the current market is how much tighter credit spreads have been than you would expect.” In one of the trades, an investor spent $3.6 million on put spreads allowing them to sell ten million shares of ETF at $76 by mid-May, while capping protection at $72. Another 130,000 May $75 puts traded, with at least 100,000 of them bought, according to market participants. The total number of puts traded reached 1.56 milli
Show less
Read more
Impact Snapshot
Event Time:
SCHW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SCHW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SCHW alerts
High impacting Charles Schwab Corporation (The) news events
Weekly update
A roundup of the hottest topics
SCHW
News
- This Canadian Bank Stock Could Be the Best Buy in December [Yahoo! Finance Canada]Yahoo! Finance Canada
- Charles Schwab's Q4 2025 Earnings: What to Expect [Yahoo! Finance]Yahoo! Finance
- Schwab Center for Financial Research Reveals Its 2026 Market OutlookBusiness Wire
- Schwab Announces Its Winter Business UpdateBusiness Wire
- Why Charles Schwab CEO Thinks Trump Accounts Are ‘So Powerful' [Yahoo! Finance]Yahoo! Finance
SCHW
Earnings
- 10/16/25 - Beat
SCHW
Sec Filings
- 12/18/25 - Form 4
- 11/20/25 - Form 4
- 11/14/25 - Form 4
- SCHW's page on the SEC website