Charles Schwab (SCHW) Launches Yes Or No S&P 500 Options With Cboe

Charles Schwab (NYSE:SCHW) is partnering with Cboe Global Markets to launch yes or no options tied to the S&P 500. The new products track simple binary outcomes, bringing a prediction market style structure into Schwab's retail trading platform. This expands Schwab's menu of listed derivatives beyond traditional options and futures. Charles Schwab enters this product rollout with its stock trading at $91.7, after a gain of 79.9% over the past 3 years and 32.8% over 5 years. The move into...