Check Out What Whales Are Doing With COST

A whale with a lot of money to spend has taken a noticeably bullish stance on Costco Wholesale.

Looking at options history for Costco Wholesale COST we detected 20 strange trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $255,195 and 14, calls, for a total amount of $720,496.

What's The Price Target?

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 $545.0 for Costco Wholesale over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Costco Wholesale's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Costco Wholesale's whale trades within a strike price range from $400.0 to $545.0 in the last 30 days.

Costco Wholesale Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
COST CALL TRADE BULLISH 10/21/22 $450.00 $124.8K 298 26
COST PUT TRADE BULLISH 07/15/22 $470.00 $79.2K 774 93
COST CALL TRADE BULLISH 07/15/22 $490.00 $65.0K 899 152
COST CALL TRADE BEARISH 07/15/22 $480.00 $61.6K 968 51
COST CALL TRADE BEARISH 07/01/22 $472.50 $49.6K 116 53

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
COST CALL TRADE BULLISH 10/21/22 $450.00 $124.8K 298 26
COST PUT TRADE BULLISH 07/15/22 $470.00 $79.2K 774 93
COST CALL TRADE BULLISH 07/15/22 $490.00 $65.0K 899 152
COST CALL TRADE BEARISH 07/15/22 $480.00 $61.6K 968 51
COST CALL TRADE BEARISH 07/01/22 $472.50 $49.6K 116 53

Where Is Costco Wholesale Standing Right Now?

  • With a volume of 596,802, the price of COST is down -1.73% at $473.41.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 86 days.

What The Experts Say On Costco Wholesale:

  • Jefferies has decided to maintain their Buy rating on Costco Wholesale, which currently sits at a price target of $580.
  • Raymond James has decided to maintain their Outperform rating on Costco Wholesale, which currently sits at a price target of $560.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Costco Wholesale, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.