What move does the options market price into Charles Schwab's report?

Implied ±10.3%, either direction · provisional.

How often does Charles Schwab move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

SCHWNYSESecurity Brokers, Dealers & Flotation Companies

Charles Schwab Corp (SCHW) earnings date, market-implied expected move, and options open interest by expiry

89.15

+1.10 · +1.25%

Regular session15:20 ET

Open89.69Volume11.5MMkt cap$152.3BP/E16.18EPS5.51Div yield1.40%

Day87.45 – 90.1064%52-wk83.72 – 114.5318%

SCHW

Charles Schwab Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±10.3%implied · straddle

79.0297.08

spot 88.05exp Feb 19ATM strike 87.5ATM straddle 10.63IV 27%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Jan 20

after close · in 79 days

est.Q4 FY26

Calendar

Next report

Last report

−2.34%

vs ±1.5% implied · ×1.58

shaded = implied · ▲▼ = realized

Oct 15 '26 · confirmed

Implied vs realized

Linked news

2dTD · supplierToronto Dominion Bank resets interest rate on C$1.75 billion LRCNs to 6.281%

News

Largest filed tie

13F top-10 QoQ

+1.87%

shares held · 10 largest managers

13F · Jun 30 '26125d lag

2,314 managers

Top fund weight

1.99%

SCHW weight · XLF

N-PORTJun 30 '26

11 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Charles Schwab (SCHW) is expected to report on Jan 20 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±2.0%
avg realized: ±1.1%

Jan 21 '25Jan 21 '25confirmed±2.0%▼−0.41%×0.21

Apr 17 '25Apr 17 '25confirmed±3.4%▼−1.58%×0.47

Jul 18 '25Jul 18 '25confirmed±1.7%▲+0.47%×0.27

Q3 FY25Oct 16 '25confirmed±1.8%▲+0.78%×0.43

Jan 21 '26Jan 21 '26confirmed±1.5%▲+2.22%×1.44

Q1 FY26Apr 16 '26confirmed±1.6%▼−0.37%×0.23

Q2 FY26Jul 21 '26confirmed±2.1%▲+0.84%×0.40

Oct 15 '26Oct 15 '26confirmed±1.5%▼−2.34%×1.58

quarterimplied−5%0+5%realized×

Oct '26±1.5%▼−2.34%×1.58

Q2 FY26±2.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 30 close

1.06OI · 10 expiries · Oct 30 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

6 nearer expiries

7,504+27%Nov 64d1.913,932+4%1.91

3,699+10%Nov 1311d1.133,2670%1.13

23,064−1%Nov 2018d0.9025,5430%0.90

1,642+18%Nov 2725d0.592,776+138%0.59

716+3878%Dec 432d2.41297+9800%2.41

0—Dec 1139d0.005—0.00

41,304+1%Dec 1846d0.5180,7760%0.51

67,661+6%Jan 1574d1.1260,260+8%1.12

report · Jan 20 · after close · est.

ExpiryPutsCallsP/C

6 nearer expiries

Nov 64d7,504+27%3,932+4%1.91

Nov 1311d3,699+10%3,2670%1.13

Nov 2018d23,064−1%25,543

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±10.3%

Funds 4

XLF±0.2%

REVS±0.2%

VTV±0.1%

SPY±0.0%

Suppliers 1

TD±1.8%×0.18

Dashed = straddle · × = co-movement · max 501dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

39.59%as filednet margin · revenue +9.10% QoQ · +20.87% YoY

Revenue$7.1B+9.10%

Pre-tax income$3.7B+15.09%

Net income$2.8B39.59%+12.95%

Tax$869M+22.57%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 17:30 ET

Intraday

Event sensitivity

FOMC ×1.13· ±1.3% vs ±1.2% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.3%15 of 24×1.13

PPIproducer prices±1.2%7 of 11×1.06

NFPjobs report±1.2%3 of 10×1.00

CPROFcorporate profits±1.1%4 of 12×0.99

CPIconsumer prices±1.1%5 of 11×0.99

PCEpersonal income & outlays±1.1%10 of 20×0.98

GDPgross domestic product±1.0%10 of 20×0.86

Bar = avg |move| to ±2% · tick = ±1.2% avg day · ×base = |move| ÷ ±1.2% · min 6 releases

Earnings history

EPS 1.54 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 21 '26 · confirmed	1.54	—
Q1 FY26	Apr 16 '26 · confirmed	1.37	—
Q3 FY25	Oct 16 '25 · confirmed	1.26	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod