Always crashes, recovers within 4-5 weeks then boom new ATH. Never fails.
Loopgod- on
I’d buy puts ahead of earnings
Personal_Border_5912 on
ima trade the pre move up to ath and sell before earnings fuck MM anything can happen after that
meth_sacfarlane on
Playing earnings is a flip of a coin either way.
My girlfriend’s sister has over a mil in costco stock so I hope it pumps for both of your sake.
I wouldn’t set your expiration any sooner than 2 months out
Poly_ptero_dactyl on
Do you expect a split at 1000? I’ve got co and I’ve been secretly hoping for this, but with no substantive reason to expect it.
nateccs on
been in and out of COST calls, have 2 950c expiring october bought last week. will grab more if we dip under 900 for sure
notlongnot on
Costco be old school. I bet they do none of that splitting business.
Server6 on
Costco earnings are always a dud. They report their sales monthly, so there’s almost never a surprise. They’re a buy shares and hold long term stock.
Practical_March2024 on
What is this obsession with COST split .if they haven’t done in 24 years. then why would they do it now?
BeautifulExperience2 on
I got 4k in puts because last time they beat earnings they still dropped a lot and most companies who beat earnings this past season dropped as well. But also because they have had so much growth the past year like 40% it makes sense for a pull back on earnings. But this is a bunch of regarded talk so will see
jpnc97 on
Did they announce a split yet
Any_March_9765 on
This quarter’s expected estimate is really high compared to the previous quarters. So I don’t know if they could beat it. Earnings don’t always pump even if they beat it.
BHMSIXX on
WILL THERE BE A STOCK SPLIT
Tenkinreddit on
no consideration of valuation, just assuming good news sends the stock higher.
what if the stock is already priced 2x as high as it should be even under the best news?
peak bubble vibes here.
ProblemOk4641 on
Think this was posted by someone else already re pre-split and moon!
kyyy on
While I wish they would split, I do not think a split is going to happen with their upcoming earnings. They will probably slightly beat, give hesitant guidance, stock will trend down 5-10% over the following few weeks, and then back to ATHs after. Same shit happens everytime.
CombinationLarge1846 on
Imma do puts(actually only 1 put)
Hyptisx on
You’re holding options on this or shares?
coyote500 on
I was in a Costco in San Jose last week and noticed they are scanning membership cards there too now. I looked over and they had a line going outside the building with people signing up for memberships. That’s really all the DD I need
Oshag_Henesy on
Costco is a cash cow, they make so much goddamn money it’s insane
21 Comments
Always crashes, recovers within 4-5 weeks then boom new ATH. Never fails.
I’d buy puts ahead of earnings
ima trade the pre move up to ath and sell before earnings fuck MM anything can happen after that
Playing earnings is a flip of a coin either way.
My girlfriend’s sister has over a mil in costco stock so I hope it pumps for both of your sake.
I wouldn’t set your expiration any sooner than 2 months out
Do you expect a split at 1000? I’ve got co and I’ve been secretly hoping for this, but with no substantive reason to expect it.
been in and out of COST calls, have 2 950c expiring october bought last week. will grab more if we dip under 900 for sure
Costco be old school. I bet they do none of that splitting business.
Costco earnings are always a dud. They report their sales monthly, so there’s almost never a surprise. They’re a buy shares and hold long term stock.
What is this obsession with COST split .if they haven’t done in 24 years. then why would they do it now?
I got 4k in puts because last time they beat earnings they still dropped a lot and most companies who beat earnings this past season dropped as well. But also because they have had so much growth the past year like 40% it makes sense for a pull back on earnings. But this is a bunch of regarded talk so will see
Did they announce a split yet
This quarter’s expected estimate is really high compared to the previous quarters. So I don’t know if they could beat it. Earnings don’t always pump even if they beat it.
WILL THERE BE A STOCK SPLIT
no consideration of valuation, just assuming good news sends the stock higher.
what if the stock is already priced 2x as high as it should be even under the best news?
peak bubble vibes here.
Think this was posted by someone else already re pre-split and moon!
While I wish they would split, I do not think a split is going to happen with their upcoming earnings. They will probably slightly beat, give hesitant guidance, stock will trend down 5-10% over the following few weeks, and then back to ATHs after. Same shit happens everytime.
Imma do puts(actually only 1 put)
You’re holding options on this or shares?
I was in a Costco in San Jose last week and noticed they are scanning membership cards there too now. I looked over and they had a line going outside the building with people signing up for memberships. That’s really all the DD I need
Costco is a cash cow, they make so much goddamn money it’s insane