COST

COST

Costco Wholesale Corp
Retail
$1040.55 +2.80% As of Nov 3, 12:13 AM
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Trade Idea

Strategy
Bull Call
Strikes
$1020/1025
Expiration
Dec 11
Target ROI
100.0%
Trade Reasoning
The current stock price of $1021.59 is positioned just below the lower strike of $1020, suggesting a favorable entry point for a Bull Call Spread as it allows us to capitalize on a potential upward move. With no significant technical risk factors identified, the market sentiment appears bullish, supporting the likelihood of the stock rising to at least $1025. The ATM spread structure enhances risk/reward by limiting downside exposure while providing substantial upside potential, aligning with Maya's strategy of targeting 94%+ ROI on winning trades. Maya's edge comes from disciplined trade management—knowing when to exit is just as important as when to enter. Subscribe to get real-time open and close alerts that take the guesswork out of trading.

Technical Analysis

Momentum Fatigue: COST Extended at $1040.55

Bearish
Nov 3, 2026 at 12:13 AM • $1040.55 (+2.80%)

Costco Wholesale Corp (COST) advanced 2.80%, ending the session at $1040.55 on November 3.

From a technical standpoint, the outlook appears bullish:

Moving Averages The stock holds above both the 9-day ($1004.87) and 21-day ($983.83) EMAs, confirming the uptrend.
Momentum RSI at 72.4 is elevated in overbought zone, which often precedes pullbacks. MACD is bullish (21.67 vs signal 19.15).
Volatility Price is extended above the upper Bollinger Band ($1038.40), suggesting possible mean reversion.

The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.

Technical levels: $929.08 support, $1038.40 resistance.

COST Stretched at $1040.55, RSI Overbought

Bearish
Nov 2, 2026 at 9:00 PM • $1040.55 (+2.80%)

Buyers Lift COST Past Key EMAs to $1012.28

Bullish
Nov 2, 2026 at 12:13 AM • $1012.28 (+1.63%)

Buyers Lift COST Past Key EMAs to $1012.28

Bullish
Nov 1, 2026 at 12:08 AM • $1012.28 (+1.63%)

COST Maintains Uptrend, Holds Above EMAs at $1012.28

Bullish
Oct 31, 2026 at 12:13 AM • $1012.28 (+1.63%)
Systematic technical analysis • Updated daily after market close

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Key Stats

Entry Price $2.50
Max Profit $2.50
Max Loss $2.50
Days to Exp 37
Trade Date Nov 3, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.