Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
Financial giants have made a conspicuous bearish move on Costco Wholesale. Our analysis of options history for Costco Wholesale (NASDAQ:COST) revealed 49 unusual trades.
Delving into the details, we found 36% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 30 were puts, with a value of $1,305,520, and 19 were calls, valued at $702,732.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $400.0 to $760.0 for Costco Wholesale over the last 3 months.
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Costco Wholesale's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Costco Wholesale's substantial trades, within a strike price spectrum from $400.0 to $760.0 over the preceding 30 days.
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
COST | PUT | TRADE | BULLISH | 05/31/24 | $18.45 | $18.0 | $18.0 | $725.00 | $180.0K | 145 | 1 |
COST | PUT | TRADE | BULLISH | 05/31/24 | $27.25 | $26.2 | $26.55 | $735.00 | $63.7K | 295 | 122 |
COST | CALL | TRADE | BEARISH | 07/19/24 | $322.05 | $313.9 | $315.54 | $415.00 | $63.1K | 511 | 2 |
COST | CALL | TRADE | NEUTRAL | 05/17/24 | $12.5 | $11.8 | $12.15 | $730.00 | $60.7K | 1.2K | 83 |
COST | PUT | SWEEP | BULLISH | 05/10/24 | $5.6 | $5.55 | $5.6 | $722.50 | $56.6K | 103 | 124 |
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and boasts over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
After a thorough review of the options trading surrounding Costco Wholesale, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
5 market experts have recently issued ratings for this stock, with a consensus target price of $754.0.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Costco Wholesale options trades with real-time alerts from Benzinga Pro.
Posted In: COST