Costco (COST) Offering Possible 27.88% Return Over the Next 15 Calendar Days

Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $240.00 short put and a strike $235.00 long put offers a potential 27.88% 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 $240.00 by expiration. The full premium credit of $1.09 would be kept by the premium seller. The risk of $3.91 would be incurred if the stock dropped below the $235.00 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 75.44 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

What Could Drive Target’s Earnings in 2019?
Mon, 01 Apr 2019 18:40:02 +0000
Why Target Is Outperforming Walmart and Costco(Continued from Prior Part)Strong performance Target Corporation’s (TGT) earnings stabilized and recorded strong growth in fiscal 2018. Improved comparable sales, lower interest expenses, and share

Why Target’s Comparable Sales Could Continue to Impress
Mon, 01 Apr 2019 17:10:02 +0000
Why Target Is Outperforming Walmart and Costco(Continued from Prior Part)Target generated strong comps Target Corporation (TGT) has reported impressive comparable sales in the past several quarters thanks to the strong growth in its traffic. On

Why Target Is Outperforming Walmart and Costco
Mon, 01 Apr 2019 15:36:46 +0000
Why Target Is Outperforming Walmart and CostcoTGT’s performance Shares of Target Corporation (TGT) are up 21.4% on a YTD (year-to-date) basis as of March 29 and have generated better returns than both Walmart (WMT) and Costco (COST). Shares of

Is Costco Wholesale (COST) Outperforming Other Retail-Wholesale Stocks This Year?
Mon, 01 Apr 2019 13:30:01 +0000
Is (COST) Outperforming Other Retail-Wholesale Stocks This Year?

Here is Why Growth Investors Should Buy Costco (COST) Now
Mon, 01 Apr 2019 12:45:12 +0000
Costco (COST) could produce exceptional returns because of its solid growth attributes.

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