Is Deutsche Bank Talkin to Chuck?
Charles Schwab (SCHW) saw 14 times its normal trading volume Friday after several web sites reported speculation that Deutsche Bank (DB) might be looking at the discount broker. 38,100 SCHW calls traded, compared to 4,380 puts. While the talk is not new and now seems somewhat unlikely due to all the problems in the financial industry of late, the speculation certainly did drive some wild trading in options on Schwab Friday. Figure 3: Charles Schwab (SCHW) Options Volume Spike Stock position: None.