Unpacking the Latest Options Trading Trends in Costco Wholesale
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bullish sentiment among deep-pocketed investors towards Costco Wholesale (NASDAQ:COST). Benzinga's options scanner highlighted 18 significant options activities, with a mix of bullish and bearish sentiments. The projected price targets for COST range from $675 to $1200. Despite a recent price drop of 1.12%, analysts maintain a positive outlook with a consensus target price of $919.6.
September 24, 2024 | 2:16 pm
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Options trading activity for Costco Wholesale (COST) shows a mix of bullish and bearish sentiments, with significant trades indicating a potential price range of $675 to $1200. Analysts maintain a positive outlook with a consensus target price of $919.6.
The significant options trading activity, with a majority of calls, suggests a bullish sentiment among investors. Analysts' positive ratings and target prices further support a potential upward movement in COST's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100