Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $185.00 short put and a strike $180.00 long put offers a potential 32.63% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $1.23 would be kept by the premium seller. The risk of $3.77 would be incurred if the stock dropped below the $180.00 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 78.27 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
Top Stock Reports for Facebook, UPS & PepsiCo
Tue, 12 Dec 2017 21:40:09 +0000
Top Stock Reports for Facebook, UPS & PepsiCo
Bartosiak: Trading Costco's (COST) Earnings with Options
Tue, 12 Dec 2017 21:37:09 +0000
David Bartosiak went over Costco's upcoming earnings announcement, and he gave us some ideas on how to play the options market.
Costco offering members MoviePass and streaming Fandor service for $89.99 a year
Tue, 12 Dec 2017 20:23:13 +0000
Cinema subscription service MoviePass and streaming service Fandor are teaming up with Costco Wholesale Corp. to offer its members a special one-year plan priced at $89.99 that will give subscribers access …
MoviePass Wants to Be Netflix to Costco's Lament
Tue, 12 Dec 2017 20:13:00 +0000
Helios and Matheson stock is rallying after it was revealed that MoviePass and Fandor are teaming up for a Costco.com deal, but it may not be much of a deal for the parties behind the promotion.
Costco To Benefit From Positive Sales Momentum In The U.S. In Q1
Tue, 12 Dec 2017 18:47:00 +0000
Costco is scheduled to announce its fiscal first quarter results on Thursday, December 14. The company reported a mixed fiscal 2017, as both its earnings per share and revenue estimates missed market expectations in the first half but rebounded to a solid growth trajectory in the second half
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