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Stock market all-time highs can make investors wonder: "Am I too late to enter?", "Have we reached the top?", or "Should I wait for a pullback?". While stock market highs don't always mean a crash is around the corner, they can be an opportunity to examine risk in your portfolio. Options carry a high level of risk and are not suitable for all investors. Certain requirements must be met to trade options through Schwab. Please read the options disclosure document titled Characteristics and Risks of Standardized Options. Supporting documentation for any claims or statistical information is available upon request. The S&P 500® is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has been licensed for use by Charles Schwab & Co., Inc. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). Charles Schwab & Co., Inc. is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s), nor do they have any liability for any errors, omissions, or interruptions of the S&P 500. Subscribe to our channel: https://bit.ly/SubscribeCharlesSchwab Click here for more insights and education: http://www.schwab.com/learn/ (1122-2ZT1)