okay kiddo, so you know how some big whales in the ocean are really powerful and can do lots of things? well, in this story, some really big money people, who are like whales in the money ocean, have been doing things with a store called COSTCO. They buy and sell things in the store that other people buy and sell too. Sometimes these big money whales buy lots of something and make the price go up, and other times they buy lots of something and make the price go down. In this story, these big money whales are trying to make the price of COSTCO go up and down, and we're watching to see what happens. Read from source...
Check out the whistles are doing with COST. The article goes on to explain what whales are doing with COST, but doesn't clearly explain what whales are or why their actions are significant. It is also unclear how these specific whales are impacting the price of COST. Additionally, the article appears to make assumptions about the intentions and motivations of the whales without providing evidence or analysis to support these claims. Finally, the article may have conflicts of interest as it is not clearly disclosed whether Benzinga staff or affiliated parties have positions in COST or are involved in the trades mentioned in the article.
neutral
This sentiment is attributed to the article "Check Out What Whales Are Doing With COST" which discusses the unusual options trades for Costco Wholesale. Although big money investors are taking a bullish stance on Costco, the overall sentiment of these traders is split between bullish and bearish, making the overall sentiment neutral.
Based on the article titled `Check Out What Whales Are Doing With COST`, big money investors have taken a bullish stance on Costco Wholesale (COST). These investors may be institutions or wealthy individuals, but their activity often indicates that they know something is about to happen with the stock. Benzinga's options scanner spotted 27 uncommon options trades for Costco Wholesale, which isn't normal. The overall sentiment of these big-money traders is split between 40% bullish and 37% bearish. Out of all the special options we uncovered, 6 are puts, for a total amount of $202,951, and 21 are calls, for a total amount of $1,313,088. Expected Price Movements suggests that whales have been targeting a price range from $295.0 to $885.0 for Costco Wholesale over the last 3 months. Volume & Open Interest Trends indicates that assessing the volume and open interest is a strategic step in options trading, shedding light on the liquidity and investor interest in Costco Wholesale's options at specified strike prices. The price of COST is up 1.39% at $854.59. RSI indicators hint that the underlying stock is currently neutral between overbought and oversold. The next earnings are expected to be released in 71 days. Professional Analyst Ratings for Costco Wholesale show that 5 market experts have recently issued ratings for this stock, with a consensus target price of $950.4. Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Costco Wholesale with Benzinga Pro for real-time alerts.