Costco Wholesale (NASDAQ: COST) – Review of Costco Wholesale’s Recent Whale Swaps

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Someone with a lot of money to spend has taken a bearish stance on Wholesale Costco COST.

And retailers should know that.

We noticed this today when the large position appeared on the history of publicly available options that we track here at Benzinga.

Whether it is an institution or just a wealthy individual, we don’t know. But when something this big happens with COST, it often means someone knows something is going to happen.

So how do we know what this whale just did?

Today, Benzinga’s options scanner spotted 55 unusual options trades for Costco Wholesale.

It is not normal.

The general sentiment of these big traders is split between 36% bullish and 63% bearish.

Of all the special options we discovered, 45 are put options, totaling $1,721,120, and 10 are call options, totaling $816,975.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a price range of $400.0 to $840.0 for Costco Wholesale over the past 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Costco Wholesale options for a given strike price. Below we can observe the evolution of call and put volume and open interest, respectively, for all Costco Wholesale whale trades within a strike price range of $400.0 at $840.0 in the last 30 days.

Costco Wholesale Options Volume and Open Interest in the Last 30 Days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
COST CALL TRADE BULLISH 01/19/24 $530.00 $230.3K 142 35
COST CALL SWEEP BEARISH 09/16/22 $490.00 $226.5,000 124 316
COST CALL TRADE BULLISH 09/16/22 $490.00 $98.3K 124 156
COST PUT TRADE BEARISH 01/20/23 $500.00 $86.6K 1.2K 151
COST CALL TRADE BULLISH 09/16/22 $425.00 $80.5,000 35 20









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
COST CALL TRADE BULLISH 01/19/24 $530.00 $230.3K 142 35
COST CALL SWEEP BEARISH 09/16/22 $490.00 $226.5,000 124 316
COST CALL TRADE BULLISH 09/16/22 $490.00 $98.3K 124 156
COST PUT TRADE BEARISH 01/20/23 $500.00 $86.6K 1.2K 151
COST CALL TRADE BULLISH 09/16/22 $425.00 $80.5,000 35 20

Where is Costco Wholesale right now?

  • With a volume of 1,210,811, the price of COST is down -1.06% to $502.62.
  • RSI indicators suggest that the underlying stock may be oversold.
  • The next results should be published in 7 days.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trades for Costco Wholesale, Benzinga Pro gives you real-time options trade alerts.

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