Someone with a lot of money to spend has taken a bullish stance on Costco Wholesale (NASDAQ:COST).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Inflation has weighed on consumer discretionary spending in recent quarters. Rising prices may create an opportunity for discount retailers to gain market share this holiday shopping season, according to Bank of America analyst Robert Ohmes.
A whale with a lot of money to spend has taken a noticeably bearish stance on Costco Wholesale.
Looking at options history for Costco Wholesale (NASDAQ:COST) we detected 13 strange trades.
Costco Wholesale Corp (NASDAQ: COST) shares are trading lower Wednesday in sympathy with Target Corp (NYSE: TGT), which fell after the company reported mixed third-quarter financial results and
A whale with a lot of money to spend has taken a noticeably bearish stance on Costco Wholesale.
Looking at options history for Costco Wholesale (NASDAQ:COST) we detected 20 strange trades.