Iâm sure youâve heard of this company before, but Iâm not sure that you know that theyâre curre May 20th, 2024 How to Profit if COST is Up or Down? Dear Reader, Iâm sure youâve heard of this company before, but Iâm not sure that you've heard about their current stock setup. Today we will be looking at Costco Wholesale Corp. stock symbol: COST. Costco Wholesale Corporation sells high volumes of foods and general merchandise at discounted prices through membership warehouses. The company also operates e-commerce websites in the United States, Canada, the United Kingdom, Mexico, Korea, Taiwan, Japan and Australia.  Now take a look at the chart below. Buy COST Stock As the chart shows, in April 2023, the COST 1-Month Price, crossed above the 10-Month simple moving average (SMA). Now, as you can see, the 1-Month Price is still above the 10-Month SMA. That means the bullish trend is still in play! Now, since COSTâs Monthly Price is currently trading above the 10-Month SMA and will likely rally from here, letâs use the Hughes Optioneering calculator to look at the potential returns for a COST call option spread. Built in Profit Potential For this option spread, the calculator analysis below reveals the cost of the spread is $657 (circled). The maximum risk for an option spread is the cost of the spread. The analysis reveals that if COST stock is flat or up at all at expiration the spread will realize a 52.2% return (circled). And if COST stock decreases 7.5% at option expiration, the option spread would make a 52.2% return (circled). Due to option pricing characteristics, this option spread has a âbuilt inâ 52.2% profit potential when the trade was identified*. The prices and returns represented below were calculated based on the current stock and option pricing for COST on 5/20/2024 before commissions. [ð] Skyrocket Your Trading Success with [Chuckâs Lifetime Income System](! [ð] Introducing the Lifetime Income System â your ultimate gateway to profitable trading opportunities! Our exclusive service is packed with expert insights, market analysis, and actionable trade recommendations! Option spread trades can result in a higher percentage of winning trades compared to a directional option trade if you can profit when the underlying stock/ETF is up, down or flat. A higher percentage of winning trades can give you the discipline needed to become a successful trader. The Hughes Optioneering Team is here to help you identify profit opportunities just like this one. Chuckâs Lightning Trade Alerts! Chuck Hughes is offering YOU an opportunity to join his exciting trading service program, Lightning Trade Alerts. This service focuses on low-cost & short-term options trade. Members will receive hand-picked trades from the 10-Time Trading Champion, Chuck Hughes. Call our team at 1-866-661-5664 or 1-310-647-5664 to join now! Wishing You the Best in Investing Success, Chuck Hughes Editor, Trade of the Day Have any questions? Email us at [dailytrade@chuckstod.com]( *Trading incurs risk and some people lose money trading.
Â
--------------------------------------------------------------- See Related Articles [Fresh Breakout for Morgan Stanley]( [Bullish Sentiment Builds for CARR Shares]( [Buy Avalonbayâs Breakout]( Â
---------------------------------------------------------------
[TradeWins Logo](  © 2024 Tradewins Publishing. All rights reserved. | [Privacy Policy]( | [Terms and Conditions]( | [Contact Us]( If you didn't create an account using this email address, please ignore this email or unsubscribe using the link below. To ensure delivery of this email to your inbox and to enable images to load in future mailings, please add [todaystrade@chuckstod.com]( to your e-mail address book or safe senders list. DISCLAIMER: Auto-trading, or any broker or advisor-directed type of trading, is not supported or endorsed by Legacy Publishing LLC. For additional information on auto-trading, you may visit the SEC's website: All About Auto-Trading. The information provided by the Legacy Publishing LLC (âLegacyâ) Trading Services, newsletters and educational publications (âServicesâ) is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Legacy a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Please note that results may not be typical and can vary from person to person. There are inherent risks involved with investing in the stock and options market, including the loss of your investment. Any investment is at your own risk. You should only trade or invest your "risk capital" â money you can afford to lose. This email was sent to {EMAIL} by chuckstod@tradewins.com TradeWins Publishing Corp.528 North Country Rd.St. James, NY 11780 [1-Click Unsubscribe]( | [Edit Profile]( | [Manage Subscriptions]( | [Report Spam](