Costco Wholesale's Options: A Look at What the Big Money is Thinking - Costco Wholesale (NASDAQ:COST)

Group 1: Options Trading Insights - Financial giants have shown a bullish sentiment towards Costco Wholesale, with 73% of traders being bullish and only 10% bearish, indicating strong market confidence [1] - A total of 30 unusual trades were identified, with 4 puts valued at $136,893 and 26 calls valued at $2,234,247, reflecting significant investor interest [1] - The projected price targets for Costco Wholesale range from $440.0 to $1000.0, suggesting a broad spectrum of expectations among large players [2] Group 2: Volume and Open Interest Analysis - Analyzing volume and open interest is crucial for understanding liquidity and investor interest in Costco's options, particularly within the strike price range of $440.0 to $1000.0 over the past 30 days [3] - The data visualizes fluctuations in volume and open interest for both calls and puts, linked to substantial trades in Costco's options [3] Group 3: Company Overview - Costco Wholesale operates approximately 910 warehouses globally, serving over 80 million members, with 73% of total revenue coming from Costco US, 13% from Costco Canada, and 14% from Costco International [7] - The company has a strong core value proposition of quality products at low prices, resulting in high member renewal rates of 93% in the US and Canada, and nearly 90% internationally [7] - In fiscal 2025, 55% of Costco's revenue was derived from grocery offerings, while 25% came from general merchandise [7] Group 4: Analyst Ratings and Price Targets - Recent expert opinions indicate an average target price of $1103.4 for Costco Wholesale, with an analyst from Telsey Advisory Group maintaining an Outperform rating and a target price of $1100 [8] - Goldman Sachs has a Buy rating with a target price of $1171, while Bernstein and Baird maintain Outperform ratings with targets of $1146 and $1000, respectively [11] - Northcoast Research upgraded their rating to Buy and adjusted the price target to $1100, reflecting positive sentiment among analysts [11] Group 5: Current Market Performance - Costco's stock price is currently at $910.55, up by 3.17% with a trading volume of 582,635, indicating positive market movement [9] - Current RSI values suggest that the stock may be approaching overbought conditions, which could influence future trading strategies [9]