Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $215.00 short put and a strike $210.00 long put offers a potential 28.87% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $215.00 by expiration. The full premium credit of $1.12 would be kept by the premium seller. The risk of $3.88 would be incurred if the stock dropped below the $210.00 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
Can Costco Keep Climbing in 2019?
Sun, 03 Mar 2019 19:03:00 +0000
Even with rising competition, the warehouse retail giant has ambitious plans to move forward.
3 Things to Watch in the Stock Market This Week
Sun, 03 Mar 2019 15:13:00 +0000
Keep an eye on Costco, Ambarella, and National Beverage stocks.
Economic Calendar – Top 5 Things to Watch This Week
Sun, 03 Mar 2019 05:18:00 +0000
Investing.com – After a recent batch of disappointing U.S. economic data, the February jobs report is the main event for markets in the week ahead, as investors look for further hints on the strength of the economy.
The Easiest Way to Pay Your Costco Credit Card Bill
Sat, 02 Mar 2019 00:00:00 +0000
With 55 million members and an 87-percent membership renewal rate, Costco is a favorite among wholesale club shoppers. Costco also has a popular credit card with some great cardmember perks. To keep these great cardmember benefits though, it's important to pay your bill on time. Here is the easiest way to pay your Costco credit card online.
What to Expect from Costco (COST) Earnings as E-Commerce Expands
Fri, 01 Mar 2019 22:24:10 +0000
Let's see what investors should expect from Costco's (COST) quarterly financial results as its e-commerce initiatives continue to pay off.
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