Costco (COST) Offering Possible 6.08% Return Over the Next 29 Calendar Days

Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $210.00 short put and a strike $195.00 long put offers a potential 6.08% 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 $210.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $14.14 would be incurred if the stock dropped below the $195.00 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 42.43 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

Costco (COST) Gains But Lags Market: What You Should Know
Tue, 16 Oct 2018 21:45:09 +0000
Costco (COST) closed at $227.68 in the latest trading session, marking a +1.41% move from the prior day.

Is Costco Stock a Buy or a Sell After Earnings and Sales Results?
Tue, 16 Oct 2018 19:10:00 +0000
Comp sales growth remains as strong as ever, but operating income growth is slowing. What does it mean for Costco stock?

Costco, Walmart Weigh Their Own Streaming Video Services
Tue, 16 Oct 2018 13:36:00 +0000
It worked for Amazon, so why shouldn't brick-and-mortar retailers do it too?

Netflix Spoiled Us Rotten
Tue, 16 Oct 2018 10:00:13 +0000
It accustomed viewers to the prospect of a relatively cheap video service without advertising interruptions and with what feels like an unlimited assortment of TV shows and movies that can be watched at any time. Whether Netflix’s approach is viable in the long run is up to either its subscriber growth or the appetite of debt holders, both of which are changeable. Chances are it’s more expensive than Netflix, or it offers less variety.

Walmart vs. Costco: Which Retailer Stock Is Right for You?
Tue, 16 Oct 2018 01:57:34 +0000
Find out which of these box stores is the better investment.

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