Behind the Scenes of Costco Wholesale's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish trend in Costco Wholesale's options trading, with 54 unusual trades identified. The stock is currently trading at $848.34, up by 0.33%. Analysts have mixed ratings with target prices ranging from $800 to $900.
June 10, 2024 | 8:45 pm
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Costco Wholesale has seen a bearish trend in options trading with 54 unusual trades. The stock is currently trading at $848.34, up by 0.33%. Analysts have mixed ratings with target prices ranging from $800 to $900.
The bearish trend in options trading suggests a negative sentiment among traders. Despite the stock's current price increase, the mixed analyst ratings and the RSI indicating overbought conditions could lead to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100