COST Weekly Options Trade Plan 2025-06-17
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COST Weekly Analysis Summary (2025-06-17)
Comprehensive Weekly Options Analysis for COST
1. Summary of Key Points from Models
Market Direction: All reports predominantly indicate a bearish sentiment on Costco (COST) due to multiple factors such as price action below key moving averages, bearish momentum indicators, and a max pain level indicating a gravitational pull toward $980. Technical Indicators: The daily and 5-minute charts reveal a consistent downtrend. The current price of $984.36 is below critical support levels and moving averages, reinforcing the bearish outlook. Market Sentiment: The rising VIX (19.27) suggests increased volatility and fear in the market, which is generally negative for stock prices like COST. Options Market Data: Open interest and volume trends favor put options with significant money flow towards the $980 and $940 strikes, indicating market participants are driving toward bearish positions.