Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $155.00 short put and a strike $150.00 long put offers a potential 7.76% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $150.00 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 62.97 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
Cramer: This Bull Will Gore You Without a Thought
Thu, 03 Aug 2017 23:01:00 +0000
Remain vigilant about companies and disciplined about your buys.
Costco's End Isn't Near
Thu, 03 Aug 2017 21:45:00 +0000
How to trade Costco.
It Has Gotten So Sad for Costco and Sam's Club They Are Discounting Stuff on Groupon
Thu, 03 Aug 2017 20:03:00 +0000
Sometimes, it's what's not talked about that is more telling than what is.
Goldman Sachs: The Retailer Of Tomorrow Is…
Thu, 03 Aug 2017 15:01:00 +0000
Retail: It's had a tough go of things lately, amid brick-and-mortar store closings and omnipresent Amazon (AMZN). While ecommerce has changed the way consumers shop to an extent, there's still plenty of need for actual physical locations–as evidenced by Amazon's decision to buy Whole Foods (WFM), which Fassler writes confirms that even “the dominant US ecommerce retailer sees a future for the brick and mortar box.” So what will the retailer of tomorrow look like? Amazon, Walmart (WMT), and Costco (COST) are highly efficient and offer no pricing umbrella to higher-cost retailers of commodity goods, and the convenience of home delivery will challenge all but the simplest, closest, and easiest shopping experiences for commodities.
Costco: Why Sterling Sales Weren't Good Enough
Thu, 03 Aug 2017 15:01:00 +0000
Costco Wholesale's (COST) same-store sales demonstrated once again that its business model is relatively immune to the forces unleashed by Amazon.com (AMZN) and other online retailers. And it just doesn't …
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