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 10 strange trades.
Over the past 3 months, 6 analysts have published their opinion on Costco Wholesale (NASDAQ:COST) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
The world’s largest hedge fund, Bridgewater Associates, was founded by Ray Dalio in 1985. Dalio sits as the co-chief investment officer managing roughly $150 billion in assets under management.
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.
Food inflation is now up 11.2% for the 12 months ending in September, and the figure has a striking detail: food at home inflation is up 13%, while food away from home is only up 8.5% over the last 12 months.
Someone with a lot of money to spend has taken a bearish 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.