Costco’s most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $370.00 short put and a strike $365.00 long put offers a potential 53.85% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $370.00 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock dropped below the $365.00 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 42.38 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Costco
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Tue, 29 Dec 2020 16:27:00 +0000
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Tue, 29 Dec 2020 11:30:00 +0000
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Mon, 28 Dec 2020 20:49:22 +0000
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What Happened to Walmart Stock in 2020?
Mon, 28 Dec 2020 17:45:00 +0000
Walmart (NYSE: WMT) shareholders had a good year in 2020. With that in mind, let’s take a closer look what really drove Walmart’s performance in 2020. Changing consumer demand priorities during the pandemic rewarded companies that could deliver a seamless digital and physical shopping experience, which has been a strategic goal of Walmart’s for years.
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Mon, 28 Dec 2020 16:01:17 +0000
Given strong dividend growth and big money signals, these stocks could be worth a spot in a yield-oriented portfolio.
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