Costco Wholesale Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bearish sentiment towards Costco Wholesale (NASDAQ:COST) through significant options trading activities. Benzinga's options scanner highlighted 25 extraordinary options activities, with a notable split in sentiment: 32% bullish and 36% bearish. The largest trades include both calls and puts, with a price window from $225.0 to $900.0. Analysts have mixed ratings, with a consensus target price of $906.0.
July 26, 2024 | 4:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Significant options trading activity indicates a bearish sentiment among deep-pocketed investors towards Costco Wholesale. The largest trades include both calls and puts, with a price window from $225.0 to $900.0. Analysts have mixed ratings, with a consensus target price of $906.0.
The significant options trading activity, particularly the high volume of puts, suggests a bearish sentiment among investors. This could lead to short-term downward pressure on COST's stock price. However, mixed analyst ratings and a consensus target price of $906.0 provide some support.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100