IvanLabrie

COST: Buy out of the money calls for a month

Long
IvanLabrie Updated   
NASDAQ:COST   Costco Wholesale
We have a pretty low risk trade here. You can look to buy way out of the money calls for dirt cheap after the earnings report for $COST. Upside is crystal clear. Even though this stock isn't such a good value pick, as say, $KSS (which has been nothing short of amazing so far), it's still a good contender to catch up to the retail rally it's been lagging.

Good luck,

Ivan Labrie.
Comment:
0.5-1% risk is a good starting point to get some decent leverage going. It can go to 164 give or take, so aim for that.
Comment:
Still on track.
Trade closed manually:
It'd be a good idea to take profits.
Comment:
Pretty decent trade.

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