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, …
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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 …
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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 …
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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 …
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WFM reported fiscal Q2 results after the close yesterday that disappointed investors. The stock is down about 15% in the pre-market, making fresh 2 year lows. This is perhaps to be expected given the terrible …
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COST is nearing the $110 support level that we outlined in our trade idea from a couple weeks back. Our put purchase is up 70% here with only 1 week to expiry, so we’re going …
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COST has become rangebound over the past nine months, after a monster uptrend from 2009 to 2013’s high, a period in which the stock tripled, and became one of the largest retailers in the world. …
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The big-box retailers have been weak in the past 6 months as the headwinds for the U.S. consumer have added up. WMT, COST, and TGT are three of the biggest American retailers. All 3 stocks …
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Event: WFC reports its fiscal Q4 earnings tomorrow on Tuesday, January 14th before the open. The options market is implying about a 2.75% one day move, which is above both the 4 qtr avg of …
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Event: JPM reports its fiscal Q4 earnings on Tuesday, January 14th before the open. The options market is implying about a 2.5% one day move, which is above both the 4 qtr avg of only …
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