The Charles Schwab Corp. is a holding company, which engages in the provision of financial services. It operates through the Investor Services and Advisor Services segments. The Investor Services segment includes retail and corporate brokerage and retirement plan services. The Advisor Services segment offers custodial, trading, retirement business, and support services. The company was founded by Charles R. Schwab in 1986 and is headquartered in San Francisco, CA.
Put trades that are bought on or above the market's asking price OR call trades that are sold on or less than the market's bid price - expecting a move to the downside.