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COST

0-Cost Options Strategy ahead of earningsSOUND BUT UNEXCITING FUNDAMENTALS Consensus is favorable on aggregate: Buy recommendation, +12.75% target upside. Numbers are compelling (5-yr rev growth +6.63% and ROE +20.35%) but growth has been slipping, esp. in TV. Valuation is un-demanding at a P/E of 17x (now less expensive than the market?) TECHNICALLY ON A DOWNTREND BUT COULD BE REBOUNDING DIS has been on a downtrend since the double-top of Aug/Nov 2015. The long-term (M chart) is still clearly negative. The medium-term (W) shows a series of negative cross-overs and a H&S formation. But lately the stock has been rebounding with the market and the short-term picture (D) is turning positive. A close above the 97.00 (MA200) would confirm the positive turnaround. A close below 90.00 would confirm the negative trend and potentially take us towards the H&S target of 84.00. EARNINGS AND GUIDANCE WILL BE A KEY CATALYST What could propel the stock higher are the earnings and guidance from DIS. STRATEGY: 0-COST EXPOSURE TO UPSIDE IN CASE OF BREAKOUT Buy Nov 18 2016 $98 call to play the breakout = $0.34/share Sell Nov 18 2016 $90 put to finance the synthetic long = $0.33/share Best-case scenario: Stock breaks out ==> Make $ on the call or convert Worst-case scenario: Stock tanks ==> Go long a quality long term holding close to the 52w low.
NYSE:DIS
by HAL9000
Costco ( COST ) Timing & level very close. Another leg down?I like it when price recognises my predictive trend lines, drawn when the high was put in on August 15th. Even better when it has been acting as a resistance angle. The black dashed vertical line here represents time. It's not telling me direction but suggests that's when another bout of momentum should kick in when price reaches it. The blue box is where I would expect price to reach before COST can take a breather and then think about a move up from there. As price has not dipped to the blue box yet, I'd prefer a short stock or long PUT from this level with targets at the red horizontal lines.
NASDAQ:COSTShort
by crando
Overall industry breakdown makes COST a potential candidate for Overall industry breakdown makes COST a potential candidate for short. In the technical side it is rolling over from a double top and broke Upward trend. Money-flow is heading down. We think it can decline to 140 area. You can check our detailed analysis on COST in the trading room/ Executive summery link here- www.screencast.com Time Span: 18:00” Trade Suggestion Date: Aug 26th Trade Status: Pending/Watchlist
NASDAQ:COSTShort
by AcornWealthCorp
THIS WEEK'S OPTIONS EARNINGS PLAYS -- COSTFor all practical purposes, this quarter's earnings season is all but over. However, there is one last play I might do and that is in COST, which announces earnings on Tuesday after market close. Currently, it's implied volatility rank is 58 and its implied volatility is 26. Generally speaking, I like to see the rank in the 70% percentile, and this isn't quite there, but this is one of those underlyings that just never gets that volatile -- its IV has been between 20 and 30 or so for the past 90 days. I'll look to put on a play before NY market close on Tuesday, and I'll post a play (most likely an iron condor given the price of the underlying) some time during Tuesday's NY session. Preliminarily, this looks like the approximate setup I'll use, although tweaking may be required as price moves on Monday and Tuesday: March 11th 137/142/157.5/162.5 Probability of Profit: 66% Max Profit: $99/contract Buying Power Effect: $401/contract
NASDAQ:COST
by NaughtyPines
DATA VIEW (NOT A FORECAST): US DEBT COST IS AT HISTORIC LOWSDue to continuous demand for US Treasury securities over the last 30 years and due to global deflationary pressures, triggered by globalization (cost optimization of global businesses) - the yields of 10 and 30 year Notes continue to decline along their long term descending trend line The result of such a development - is the current cost of US debt is lower than ever, which in turn allows larger external debt to be held by the States. As one can see in Monthly Treasury Statement - Net interest is the lowest type of Outlays in the US Budget higgs.rghost.ru (scource: www.fiscal.treasury.gov)
TShort
by Killy_Mel
COST break up of consolidationCostco caught up some buying momentum after it broke up its consolidation resistance at $116.60 and had 2 days of follow through. Price found top at $126 and was sold off to $110 which acts like major support for this stock. It was out of play for couple of months but for now if it will hold above breakout point it will keep active traders attention. Higher lows and higher highs tell us that buyers are in control. Next important resistance is at $120 which could be our target.
NASDAQ:COSTLong
by andrew.berg