Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $138.00 short put and a strike $133.00 long put offers a potential 14.68% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $138.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $133.00 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 at 49.37 level which suggests that the stock is neither overbought nor oversold at this time.
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
10-Q for Costco Wholesale Corp.
Sun, 21 Dec 2014 00:07:40 GMT
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Sat, 20 Dec 2014 11:00:00 GMT
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Fri, 19 Dec 2014 23:00:00 GMT
Holiday scammers taking aim via text, e-mail, cellphone
Fri, 19 Dec 2014 18:57:37 GMT
USA TODAY – The naughty list includes crooks claiming to be from Target, Home Depot and the IRS.
COSTCO WHOLESALE CORP /NEW Files SEC form 10-Q, Quarterly Report
Thu, 18 Dec 2014 20:45:31 GMT
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