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Costco Wholesale's Options Frenzy: What You Need to Know

Benzinga ·  Jul 22 23:31

Whales with a lot of money to spend have taken a noticeably bullish stance onCostco Wholesale.

Looking at options history for Costco Wholesale (NASDAQ:COST) we detected 19 trades.

If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 36% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $810,465 and 14, calls, for a total amount of $593,485.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $425.0 to $1340.0 for Costco...

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