Randy Frederick Managing Director of Trading and Derivatives, Schwab Center for Financial Research Recent articles Today's Options Market Update March 19, 2023 Equities trend modestly higher amid improved stability in the banking sector as global regulators step in to stabilize markets. Weekly Trader's Outlook March 16, 2023 Anxieties in the banking sector and interest rate volatility drive volatility in equity markets. Reducing Risk with a Credit Spread Options Strategy February 27, 2022 Learn how credit spreads allow you to swap a limited amount of profit potential for the opportunity to reduce risk.