AAO

Costco is set to report its 3rd quarter results tomorrow morning before the bell, the options market is implying a one day move of only about 2% (the weekly 115 straddle is offered at ~$2.40, …

COST looked like it was potentially breaking out above its 200 day moving average on Monday, but the stock is back below the $116 resistance level on today’s move lower: So what’s that mean for …

Yesterday I laid out a hypothetical bearish trade in COST in front of their April sales report this morning.  We chose not to press into the event as we are trying to be disciplined and …

Tomorrow morning COST will report their April sales before the open.  The options market is implying only a 1.25% one day move using the May9th 112 straddle.  I don’t know about you but that seems …