COST

COST

Costco Wholesale Corp
Retail
$989.11 +1.14% As of Oct 19, 12:13 AM
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Trade Idea

Strategy
Bull Call
Strikes
$985/990
Expiration
Nov 27
Target ROI
100.0%
Trade Reasoning
The current stock price of $989.29 is very close to the lower strike of $985, providing an optimal entry point for a Bull Call Spread on COST. This strategy allows us to capitalize on a potential upward move while limiting risk, as the ATM spread structure offers an attractive risk/reward profile by allowing us to profit from a modest increase in the stock while capping our maximum loss. With no identified technical risk factors, this trade is well-positioned for a favorable outcome. 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

RSI Above 70: COST Getting Frothy at $989.11

Bearish
Oct 19, 2026 at 12:13 AM • $989.11 (+1.14%)

Costco Wholesale Corp (COST) ticked higher by 1.14% to $989.11 on October 19.

Chart analysis reveals a bullish configuration:

Moving Averages Moving averages are stacked bullishly—9-day EMA ($961.97) supports, 21-day ($943.60) below.
Momentum RSI at 72.7 is elevated in overbought zone, which often precedes pullbacks. MACD is bullish (14.84 vs signal 7.20).
Volatility Price is extended above the upper Bollinger Band ($988.61), suggesting possible mean reversion.

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

Watch $878.87 as support and $988.61 as resistance.

RSI Above 70: COST Getting Frothy at $989.11

Bearish
Oct 18, 2026 at 12:13 AM • $989.11 (+1.14%)

RSI Above 70: COST Getting Frothy at $989.11

Bearish
Oct 17, 2026 at 12:15 AM • $989.11 (+1.14%)

Technical Warning: COST RSI Hits Overbought at $989.11

Bearish
Oct 16, 2026 at 9:00 PM • $989.11 (+1.14%)

COST Finds Strong EMA Support at $978.01

Bullish
Oct 16, 2026 at 12:08 AM • $978.01 (-0.41%)
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 38
Trade Date Oct 19, 2026
Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.