Check Out What Whales Are Doing With COST
Portfolio Pulse from Benzinga Insights
A large bullish position on Costco Wholesale (NASDAQ:COST) has been spotted, with 29 uncommon options trades identified. The overall sentiment is split between 55% bullish and 44% bearish. Whales have been targeting a price range of $350 to $610 for Costco over the last 3 months.
May 30, 2023 | 8:46 pm
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A large bullish position has been spotted on Costco Wholesale (NASDAQ:COST), with 29 uncommon options trades identified. Whales have been targeting a price range of $350 to $610 for Costco over the last 3 months.
The large bullish position on Costco Wholesale indicates that a significant investor or institution believes the stock price will rise in the short term. The overall sentiment of 55% bullish and 44% bearish, along with the targeted price range of $350 to $610, suggests that there is potential for the stock price to increase. Additionally, several financial institutions have maintained their positive ratings on Costco Wholesale, further supporting the bullish sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100