Costco Wholesale Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Costco Wholesale (NASDAQ:COST), with a mix of bullish and bearish stances. The trades have targeted a price range of $530.0 to $650.0 for Costco over the last 3 months. The current price of COST is up 1.26% at $563.38. Analysts from Stifel, Telsey Advisory Group, and Evercore ISI Group have given price targets of $575 and $600, with ratings of Buy and Outperform.
September 18, 2023 | 5:46 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Costco Wholesale has seen unusual options activity, with a mix of bullish and bearish trades. The current price is up 1.26% at $563.38, with price targets from analysts ranging from $575 to $600.
The unusual options activity indicates that there is significant interest in Costco's stock, which could lead to increased volatility. The bullish and bearish trades suggest uncertainty about the stock's direction. However, the current price increase and the analyst price targets suggest a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100