We have a pretty low risk trade here. You can look to buy way out of the money calls for dirt cheap after the earnings report for COST. Upside is crystal clear. Even though this stock isn't such a good value pick, as say, KSS (which has been nothing short of amazing so far), it's still a good contender to catch up to the retail rally it's been lagging.
Good luck,
Ivan Labrie.
Note
0.5-1% risk is a good starting point to get some decent leverage going. It can go to 164 give or take, so aim for that.
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