Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $175.00 short put and a strike $170.00 long put offers a potential 13.12% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $170.00 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.
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LATEST NEWS for Costco
Costco Wholesale Corporation Reports April Sales Results
Thu, 04 May 2017 01:00:00 +0000
ISSAQUAH, Wash., May 03, 2017– Costco Wholesale Corporation today reported net sales of $9.42 billion for the month of April, the four weeks ended April 30, 2017, an increase of five percent from $8.98 …
8 Things You Didn't Know About Home Depot Inc.
Wed, 03 May 2017 13:00:00 +0000
A few key facts for investors as the home improvement titan approaches a critical sales milestone.
Costco Wholesale Corporation — Moody's affirms Costco's A1 rating
Thu, 27 Apr 2017 22:29:06 +0000
Rating Action: Moody's affirms Costco's A1 rating. Global Credit Research- 27 Apr 2017. New York, April 27, 2017– Moody's Investors Service today affirmed Costco Wholesale Corporation's A1 senior unsecured …
Costco Distributes $3.1B Special Dividend
Thu, 27 Apr 2017 17:24:00 +0000
Costco Wholesale Corp. shareholder will receive about $7 per share from a special cash dividend.
Today's Research: Costco Shares Ignite On Dividend News, While Procter & Gamble Sinks as Revenues Come up Short
Thu, 27 Apr 2017 11:30:00 +0000
NEW YORK, NY / ACCESSWIRE / April 27, 2017 / A special cash dividend for shareholders helped Costco shares come to life on Wednesday, while Procter & Gamble sunk into the red after disappointing revenues …
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