What the Options Market Tells Us About Costco Wholesale

Costco Wholesale is a big store that sells things in large amounts at lower prices. Some people who have a lot of money are betting that the price of Costco's stock will go down. They are buying options that give them the right to sell the stock at a certain price. This makes the stock price more likely to go down.

Analysts are watching the options and the stock price carefully. They think the stock price might go down to around $635 or $960. The stock price is currently at $857.96.

Some experts think Costco's stock is a good buy because it is cheaper than other stores and people like to shop there. They have given it a rating of "buy" or "outperform". They think the stock price will go up to around $925. Read from source...