Bearish traders are buying Costco put options in unusual volumes this week, betting that the Issaquah-based membership retailer's stock will fall further this year.Put options increase in value if the selling price of the stock declines.According to Barrons.com, Costco usually trades about 9,000 puts and calls a day. But that volume rose to almost 40,000 Monday including 15,000 October 45 put options.Costco has reported declining year-over-year sales in recent months, although some of that dec...
aggregated: 38 weeks 2 days ago | 27 views
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