Costco (COST) Offering Possible 23.76% Return Over the Next 20 Calendar Days

Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $235.00 short put and a strike $230.00 long put offers a potential 23.76% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $235.00 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $230.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Costco is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Costco is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Costco

Margin Pressures Weigh on Earnings Growth
Wed, 27 Mar 2019 20:01:08 +0000
Margin Pressures Weigh on Earnings Growth

Ollie's Bargain (OLLI) Q4 Earnings Beat, Sales Miss Estimates
Wed, 27 Mar 2019 14:56:02 +0000
Ollie's Bargain's (OLLI) bottom line benefited from top-line growth, gross margin expansion and cost-containment efforts in Q4.

Costco Auto Program Exceeds 650,000 Vehicles Sold in 2018
Wed, 27 Mar 2019 12:00:00 +0000
Costco members purchased more than 650,000 vehicles through Costco Auto Program’s participating dealerships and during its Limited-Time Specials with vehicle manufacturers in 2018. Surpassing two company records in 2018 – the total unit sales for the program overall and total unit sales during the three-month Holiday Sales Event – this continued growth is attributed to the great value and top-notch service provided to Costco members before, during and after the purchase process.

Were Hedge Funds Right About Buying Costco Wholesale Corporation (COST)?
Wed, 27 Mar 2019 02:28:37 +0000
During the fourth quarter the Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by nearly 7 percentage points as investors worried over the possible ramifications of rising interest rates. The hedge funds and institutional investors we track typically invest more in smaller-cap stocks than an average investor (i.e. only 298 S&P 500 […]

Shareholders Are Thrilled That The Costco Wholesale (NASDAQ:COST) Share Price Increased 112%
Tue, 26 Mar 2019 17:44:18 +0000
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose your mon…

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