Reddit Posts
Returns have been pretty good this week. I'll lock in the profits shortly
Do you think this is a good buy?
What do you guys think about Honeywell at current levels?
What do you guys think about Honeywell at current levels?
The $1.35 Trillion "Trump $5,000 Dividend" Proposal "Trade"
Model for delta (strike) ranges, surprisingly hard to develop
finally sold a stock i'd been holding since 2019, what i learnt
Why has Costco (COST) gone up 100% since March 3rd, 2023?
bought $40k in COST calls because of something i noticed at my local costco and i need you to hear me out before you say anything
WM & COST inversely affected by rest of the market
$DELL and $COST Earnings Today ATC - IV Rich for One, Cheap For the Other!
Top stocks hitting 52-Week Highs/Lows - May 19, 2026 📈 📉
COST is Clearly Overvalued - short $1000P into earings for free money
COST Short Thesis: A Premium Valuation Hiding Margin Compression
COST Short Thesis: A Premium Valuation Hiding Margin Compression
PriceSmart PSMT: Colombia elections are a potential catalyst for growth
Short $COST into Earnings You Bulk-Buying Degenerates
COST: My Wife’s Boyfriend’s Second Favorite Place to Be Inside
COST: My Wife’s Boyfriend’s Second Favorite Place to Be Inside
COST Earnings: The Only Line That Always Goes Up
$COST Deep Dive: Why Costco’s “Expensive” Valuation Is Actually The Best Safety Play Right Now (a quantitative analysis)
How do you track whether your original reason for owning a stock is still true?
How do you track whether your original reason for owning a stock is still true?
Free AI tool that auto-analyzes any earnings report (open source)
1 week of USvIran war : How much the costs have been there & its impact on stocks?
Costco Wholesale $COST Earnings Trade Vol Crush Setup
Iran leaders are dying, but the system is built for them to survive. How far can they go without affecting stocks?
Oil Spike Adds Pressure to Stock Futures. What the Market Is Pricing In
Oil Spikes, Stock Futures Slide, Geopolitics Back on the Menu
Iran recent threat to US and Isreal could affect the global market
24 y/o trying to get off to the right start. Suggestions?
Peter Lynch is famous for saying "The best stock to buy is the one you already own"
Rotating out of WMT/TGT, doubling down into AMZN/COST/HD: Is the "Big Box" model breaking?
Why SCOTUS Overturns the Tariffs this Friday
What's going on with SELLAS Life Sciences ($SLS)?
What do you think of this portfolio? Give me discussion and debate on the individual holdings.
Limited shares left to short? 195% borrow fee? Sub $0.25?
Yesterday Lululemon, Broadcom, and Costco Reported Earnings. Here Are The Results:
Yesterday Lululemon, Broadcom, and Costco Reported Earnings. Here Are The Results:
(COST) Costco Wholesale Q1 2026 Earnings Call | Live Transcript at 5:00pm ET
Do you think $NVDA is overvalued?
Costco (COST) undervalued? Additional slight slip due to mistake in media coverage??
We're only going up from here. There is no bubble.
October Challenger Report: 153,074 Job Cuts on Cost-Cutting & AI
Please sell covered calls if you’re bag holding.
What would you suggest to change in my investment portfolio?
How to optimize long-term gains in my portfolio?
Which of these three retail stocks is the worst long-term play?
Entera Bio - Breakdown: Could Oral Osteoporosis Treatment Become the Next GLP-1-Style Blockbuster? (NASDAQ: $ENTX)
Which one of you went full port into COST at close?
B-2A Spirits and E-6B Mercury Active in Nuclear Readiness Drills Over Europe
I've made a tool that makes investment research easy.
$CETX Short Squeeze in the Making!!!
How I used this well-known technical indicator to beat the market by more than 100%
Why didn’t costco (COST) price pullback after their ex-dividend date?
Your portfolio consists of one ETF and one Stock
Can someone ELI5 why Costco ($COST) is taking such a consistent dip lately? Numbers seem too strong.
Amazon generates more subscription revenue than any other consumer business in the world.
Mentions
the daily rotation from overvalued tech companies into value plays with 50+ PE like WMT, COST, as well as dividend king AAPL.
no no let me buy COST e WMT at 50 PE
If you're taking financial advice from the regards here, then I can't fathom how dumb you must be out there. Catalyst is not present, AI was overvalued earlier with investor enthusiasm, while top VCs invested in many AI/Robotics companies they're simply not profitable yet. To run the cheapest opensource model Qwen4.2B Flash 1017 it still takes 617GB of GPU memory and keeping it powered is also not a cheap hood job. IT COST ENERGY TO GET AI BRAIN WORKING. So essentially the profits that are promised are not happening, however the DEMAND FOR GPUs IS NOT FALLING, cause nig\*as want cheap AI to eliminate your progeny from ever working on this planet. Will it crash foreva? ANS: NO. When will it pick up?ANS: CHINA back in china they want to run these models with much bigger brains and lower consumption requirements, till they succeed you have to wait. Alternate energy resources for powering up the data centers, cheaper energy also means, good profits for the invested rich cu\*cks. so prepare yourself for a multiyear ride up and down. DONT DO OPTIONS ON AI STOCKS IF YOU DO DARE PREPARE URANUS FOR LANDING THE SPACESHIPS BEHIND WENDYS .
Boom. AI is deflated, hyperscalers have negative free cash flow. And WMT and COST trade at 40 PE. Nowhere to run
$COST with the PEG of >4 is value or $MU with <0.1 can't decide
market decides WMT COST worth 45x forward PE, make it make sense
yup, 50pe WMT, COST, growing 4% a year is super safe.
BREAKING: SPY to keep rallying based on STRONG BIG fundamentals of 40PE GROWTH giants like COST WMT. QQQ to get delisted.
WMT sucks, COST is the real thing.
COST at 50 PE could easily drop like 60% in an actual bear market
All the stocks that rallies yesterday, that defensive garbage like COST and WMT? All down today lol... didnt CNBC yesterday screaming about buying consumer staples?
If the AI bubble pops, the US economy tanks right along with it. Heck, I don't know if I would even want to own t bills in that situation given how high unemployment would be. Maybe COST or BRKB would do okay?
It's time to stock up on COST and WMT putssss
🤡🤡🤡 guys I found the AI bubble: AAPL WMT COST KO cannot keep this AI hype running for so long!!! They price in infinite growth, perfect execution and AI changing the world forever!!! Surely this time the numbers will never stop going up 🤡🤡🤡
All we need to do is short COST/WMT while convincing Wallstreet they have also gone balls deep on AI and they'll panic sell those too.
Not even AAPL is safe. It’s over. :screech: Only COST and WMT are safe
Great day for $COST though. On the other hand, are there any $VSEE, $XXII or $UP bag holders?
Great day for $COST though. On the other hand, are there any $VSEE, $XXII or $UP bag holders?
Imagine going to Italy for pizza when you can get it at COST or Olive Garden. And you can find the pictures of the museums online. Just saved you 10k your welcome.
no buy AAPL WMT COST KO, your money is safe in 40 PE stonks with 0 growth!
retarded investors tmrw will look at AAPL and be like: why the fuck are we buying a 40PE shitcompany with shit growth. And then look at WMT/COST/KO and be like: FUCK we are in a bubble. But then MMs will be selling AI stonks on top and so SPY will crash like 5% tmrw
|Stock|YoY EPS growth|Trailing P/E|Forward P/E| |:-|:-|:-|:-| |PG|\-3.1%|24.4x|22.8x| |KO |\+12.3%|27.8x|27.1x| |PEP|\+51.2%|17.3x|16.2x| |COST|\+14.0%|48.8x|44.4x| |WMT|\+4.2%|44.8x|41.1x| |NVDA|\+125.3%|25.9x|16.9x| |MU|\+879.3%|11.9x|5.0x| |SNDK|N/M\*|9.3x|4.8x| |AMAT|\+38.3%|33.7x|22.1x| |AVGO|\+100.0%|41.6x|18.7x| This. Some examples. The highest P/E out of all of these if Costco. With 14% growth.
I have a portion of my portfolio in dividend stocks. But imagine paying 45-50 PE for WMT and COST with their high single digit to low double digit growth, over companies with 2-5x that growth rate and comparable or lower PE. One of these choices is going to return a lot more than the other. I'd even go as far as to argue you might get lucky if one of these options outperforms the broader market index.
COST and LLY are the only safe havens! Buy the stuff that makes people fat and the stuff that makes people skinny.
BRK has been running up as well as other defensive stocks like COST and WMT. Holding those tickers are great, but I don’t know that buying more now is the answer. When Mag7 goes back up, those tend to go back down. Seems like you’d be buying high all the time. Should be buying the dips when others are fearful.
COST PE 45 GOOG and AMAZON PE 15 Higher the PE the better. CRWD PE 4000. See what I mean
I would go all in on $COST but the issue is they care too much about the customer so their stock doesn’t move lmfao
41 P/E, 3.6 PEG, 11 P/S, and no major growth thesis or story aside from assuming stupid rich people will continue absorbing price hikes on $2000 phones and $5000 laptops every year. No clue how AAPL, COST, and WMT are considered safehavens at these ridiculous valuations. If the shit really hits fan like the AI doomsayers promise, ain't nobody going to pay Costco's $100/yr subscription for the privileged of buying paper towels, Walmart's revenue and profits with crater cause people will swap to the cheapest lowest margin shit available, and the annual i-device upgrades will be the first thing cut out. All their multiples will collapse into a black hole.
double tops incoming for COST WMT. Retarded stocks at retarded prices.
$COST is where winners live
where the fuck are AAPL and COST going?
bought COST today and i'm already up thirty american dollars. time to party
Nice breakdown. I'd say the 15% EPS growth is the less defensible assumption. With sales growing high single digits, getting to 15% EPS for five straight years needs either margin expansion (hard for a business that deliberately caps markups) or membership fee hikes, and those only come every several years. 35× is still a rich exit multiple, but Costco has traded at or above that for a good while, so that part looks more defensible to me than the growth rate. A quick sanity check is putting COST next to WMT and BJ on P/E, EV/EBITDA, margins and revenue growth side by side. Disclosure, I'm building [usstocksense.com](https://usstocksense.com), which does that compare view for US stocks, but any compare tool works.
>assuming that PE contracts to a much more modest but still elevated 35x five years from now I don't mean any offense to anyone, but I'm just finding it very amusing how people are essentially debating how overvalued the stock could be. I personally would never touch such a stock when there are far better growth options available. COST is exactly the type of stock that could tank during a broad and extended market downturn. Not due to faltering business, but simply multiple compression. Same with WMT. I understand the safe haven aspect. But if rug ever gets pulled, the narrative will become, what compeled investors to pay 40-50x for (relatively) lower growth companies?
Hi. Thanks. Typically my credit is close to $400 so that’s why I’m calling a trade “one book”. If the stock drops and now the premium is $800 I rerate it and call it 2 books. So let’s say my limit is 10 “books”. It can be a lot of different combinations. It can be 10 healthy books at $400 or it could be 2 books with 2K premium and 2 normal size books at $400 or a 2.5 book, 1 1.5 books, 5 1 books and 2 ea, .5 books. The nice thing by using a weighted method is it literally puts on the breaks for reinvesting until you can return to a normal situation. Let’s say I closed those two 2K books for massive losses at 2000 loss each minus my initial credit of 400 ea. Thats a 3.2K loss, but now I can replace those with 8 books of $400 credit. Then I’m at a healthy account again. You have to look at the loss as occurring when the premium drops not when you close it. Closing a stressed trade is actually a relief valve and it’s a good thing. You can’t fall in love with cash in your account because account value is the most important thing not cash. Let’s say I have 7 trades at $600 premium, that’s 10.5 books and I can’t add anything until these get resolved even if my bp says I can comfortably handle 10 trades. Re BE I’ve been watching it for a while and felt because it had dropped enough that it was worth it for me to sell a short at what I thought would be a solid resistance level. I chart everything and go back about 6 months on average to see what prices I’m comfortable with. I’m seeing a lot of overreaction on news especially when earnings are really strong, but people assumed it would be even better. One thing is if a stock hits a recent high I’ll never do a trade on it. I like COST and LLY a lot, but I’m not certain they can maintain those levels. Same thing for PLTR. I’ve done well with short puts under 150 and haven’t traded it in a while since it went over 175 and need to reevaluate if I want to get back in at higher prices. I entered AXP today for 11/13 300/295 for .88 credit. It had decent earnings but didn’t move much. I felt it made sense to sell a put $15 below the share price.
Why overthink it? Short GOOG, long COST. You’ll thank me later.
COST gas is not the cheapest in my hood, makes me wonder how much water is there in the pump
Went to Costco and didn't even see one baddie. I feel cheated and scammed. Puts on $COST.
Shhh we're not allowed to mention COST P/E ratio here
Value plays have been fantastic money this month alone. Up 12% on $COST, 35% on $TEAM. Still a lot of money to be made in this market.
the GREEN boxes are similar to last Wednesday's: BRK-B, WMT, COST, PG (tyvm), LLY, JNJ, UNH. Although greens on PANW and CRM are puzzling. I just assumed the AI selloff just drags software with it.
$COST finally broke $1000 again
the self-correction from discretionary to staples is so real, half my stock watchlists are a mess of mislabeled sectors COST is one of those you just buy and forget about, it just steadily climbs. that 4% 5-day pop is nice but im more curious about what's driving CASY lately, 17% in a month is wild for a convenience store chain
nty I will continue to buy more COST and WMT :dance:
COST at 48 P/E is a steal. Imagine buying dogwater like MU or SOXX :money:
dump memory buy more COST :money:
COST and LLY safe haven
Mango gets his diapers from Costco. Long COST
it'll be good to short the hedges (WMT, COST, AAPL etc.) after peak fear but idk about here
\> Many would agree we hit AGI, From the preselect of "OAI deal with MS" then yes we have. But from the "general public" perspective - well no. Lots of people think we had AGI then "funding" would not be a problem because Dario would have given models his credit card and beat the market and every one would be out of a job. Sorry to say NO HAL for you. \> RSI has most definitely not 'fallen off', There is a tweet from Andrej Karpathy about the gap in understanding of LLM's and how they are being used in labs and by power users (with 1000's of agents. at once). We have evidence of this practice from the OAI - hugging face hack: 1200 agents over 4 days worked on the hack (out of an unknown number running). NOTE: This is RSI, to pre - answer a benchmark one might call this cheating. Anthropic talked about their new source control system: their 5000 employees commit like 10x as many engineers. AI, at the model level, isnt getting massively better - the intelligence is fixed, and the gains have come from inference applications (Thinking tokens) that are really "more of the model". And fewer issues because of tool use (We stoped talking about cut off dates when it could search the web). What the Labs are doing, and the users are coming to understand is that "brute force" is the path forward on every task. The old saying that given enough monkeys on typewriter you get the works of shakespeare is what as at play. Only rather than monkeys AI is "intern" levels of intelligence. OAI / hugging face is that in action. 1000's of interns over 4 days can do a lot of work (there is more nuance here but the general idea stands). It also means that COST and TIME are tradable. 1 agent for 1000 days is the same as 1000 agents for one day. Do I need a perfect result, do I need the result quickly or can I just let an agent run (and maybe luck into a good enough solution along the way?) This also implies that cost per unit of intelligence matters... If 1500 dumber interns can get the job done in a day, and they cost half as much where are the dollars going to go. If more AI better, then COST is a factor - \> that could massively reduce (some) hardware cost It's a debt fueled boom that is giving companies that eb and flow massive Margins. Look at memory, who normal margins (historic) are low double digits and some times negative. Everyone borrowed money and rushed to buy to pay MASSIVE premiums on this gear. That premium is in the bank at MU, TSMC and NVIDA and everyone else is a bag holder.
Are they? I didn't know. I just said COST bc it was so far from AI, and not bc I see a huge upside for it in the immediate future just fyi
COST also green today. Think I prefer COST to WMT.
COST: "what recession?"
With the cost of capital rising, investors have been moving money from stocks relying on borrowing to stocks generating profits and cash. For the past 5 days, the following five sectors have been outperforming: * Consumer Staples: up 5.04% * Health Care: up 3.98% * Energy: up 3.64% * Materials: up 3.40% * Financials: up 2.16% Meanwhile, these 4 sectors are down: * Information Technology: down 5.24% * Consumer Discretionary: down 0.62% * Communication Services: down 0.44% * Industrials: down 0.11% Since the S&P 500 is currently less than 5% of all-time highs, the overall market's clearly very healthy. I'm continuing to like names like V, MA, KO, WMT, COST, TJX, JPM. They're not sexy, but they don't have to be....
WMT, COST, TJX are all on the move - great upward momentum after recent retail sell-off. Also, for anyone who missed V breaking out, MA appears to be making a similar move.
JENSEN: \- COREWEAVE'S STRENGTH IS IMPROVING EVERY DAY \- NVIDIA DOESN'T NEED TO BACKSTOP THEM \- COREWEAVE'S COST OF CAPITAL IS ACTUALLY DECREASING Market over reacting…time will tell but should stop some bleeding
Meanwhile COST is happily green
Going back to covid days COST and WMT essentials will be up , crazy tech down af
COST hasn’t moved in at least a year. Completely stagnant.
What inflation? COST hotdog still $1.50 and bomb as hell. Weird that when I go in there to get on I also buy like $400 of surplus shit I didn’t plan on though.
AAPL, WMT, BRK-B, COST are up a smidge. Oh and this whole healthcare bucket here, that looks very GREEN
Never thought COST and KO would be propping the portfolio up…but here we are
Imagine thinking markets are efficient when stocks like AAPL and COST have P/E ratios of 39 and 47, respectively. Efficiently wrong.
shit guys, rates might go up a little, run to save haven stocks like COST and AAPL with 40+ PE!
WMT, COST, and TJX all have strong upward momentum out of troughs. Might be a great time to open a new swing trade on one or more of them, or add to an existing position.
COST There's better options, but I'm Kirkland gang through and through
COST OF DOING BUSINESS BABY damn the hypocrisy is CRAZY in this country but alas, LAND OF THE FREE HOME OF THE SLAVE
semis are over, everyone run to safe haven value stocks like AAPL and COST with PEs of 40!!!!
Just navigated through a COST parking lot. Didn’t even need groceries. Just doing research for my dissertation. Getting a PhD in human stupidity.
COST split in 1993 and 2000.
I remember exiting COST last year around this price.. After holding on to it for so many years. I still check from time to time hoping it goes back down again to a more rational price but it never did.
I checked COST just now and their 1 year performance is 0.0%.. that might be the first time i've seen something like that.
35 stocks is basically running your own ETF without the management fee, trim the overlap first. You've got AVGO and NVDA in tech, plus PLTR and AMD which all ride similar hype waves so maybe pick two you actually trust long term. Also your consumer side is heavy with both COST and WMT just mirroring each other.
I WANTED BOLS FUK!!! BUT AT WHAT COST!!! :kekh: :kek: :kek:
HD, BA, most home builders, COST but it's already moved a good deal. I'm not jumping in bigly, just watching
Shout out to GOOG and COST for buoying me on a red day.
EVERY other time I've bought calls, or leaps(only ever leaps) I've held for less than 1 month. NVDA, MSFT were at 163 and 350 earlier this year. I bought 200 and 202 contracts at 215 and 500. In one month(almost exactly) it was at 210 and 480 and I sold. Just... took the winner. Same with shorts on WLMT and COST in Feb of '24. 3 weeks, sold. A couple other examples, but I don't do this much. But SKHY should hit 300 by the time those first set expire and I think it could go earlier. It's bigger than Micron, their price caps are off. They're selling almost 3X as much HBM4 to NVDA for Rubin and the COST is about 2.7X as much... and they are responsible for about 55-60% of the HBM4 share. PLUS, 2027 and 2028 being the largest memory shortages in history, unlike MU, THEY can still raise their price for peak pricing. I also think it's going to become less cyclical and it deserves a forward PE of at least 10-12. If it traded at JUST 12X Forward, it's 484. So I don't need some heroic move to get there. Also, I'm not using any leverage.
You keep mentioning fuel companies —it’s not about fuel companies— it’s about the outsized larger effect extremely high fuel prices (diesel, marine, heavy fuel oil) have against all other aspects of the economy as a whole. It’s the brick & mortar plus the consumers of everything (food, construction, manufacturing) that are suffering due to the high COST of fuel. The point is that there is indeed a ceiling to what consumers &/or businesses can either swallow or pass along due to the high cost of fuel. Margins and pocketbooks can only be squeezed so much before it gets ugggs
Generalizing. But this week BA, CASY, COST, AMZN of course. Amazon ticking me off. Third day it gave up the gains by close
Going to COST on Friday afternoon is unironically worse than an MSTR rally.
COST's multiple has been completely detached from fundamentals for years now, it's basically a religion at this point. People pay up for the membership model and the consistency but 45x is just hoping the growth story never ends I still think WMT is a better value play here even with the slowdown, they're actually trying to figure out e-commerce while COST seems allergic to the internet
Winners: • RKLB $115 Call 5/15 — +$2,680 • RKLB $93 Call 5/8 — +$9,350 • COST $1,000 Call 5/8 — at least +$13,500 (one buy row was cut off) • COST $1,060 Put 5/22 — +$10,490 • TSLA $450 Call 5/13 — +$3,922 • HOOD $89 Call 5/29 — +$12,800 • SNDK $1,235 Call 8/7 — about +$8,500 (buy figure was blurry) • COST $960 Call 8/7 — +$6,500 • NVDA $232.5 Call 9/4 — +$2,970 • COST $925 Call 9/18 — +$400 • AAPL $327.5 Call 9/11 — +$5,830 • SNDK $1,800 Call 9/25 — +$1,600 • SNDK $1,730 Call 9/18 — +$1,940 • NVDA $212.5 Put 9/18 — +$4,782 • NVDA $215 Put 9/18 — +$1,000 Losers: • NVDA $222.5 Call 8/5 — -$6,550 • SNDK $1,685 Put 9/11 — -$1,688 Couldn't nail down: SNDK $1,450 Put 5/8 (buy only, no sell shown), COST $1,050 Call 6/12 (sell was canceled), COST $955 Call 8/7 (sell row cut off), and a MRNA swing from Sep 21–22 where the account was up $14,638.26 that day but no per-trade fills were shown. The known trades net out to roughly +$78k, which is in the ballpark of the author's stated YTD realized P/L of +$94,532 — the gap is covered by the trades with cut-off or missing rows. His best single hit was the COST $1,000 Call at +$13,500, and the two losses are small next to the wins.
Made $600 before reverse split. Thought it had good product at the start but didn’t like it later. Haven’t noticed if COST still sells it.
Yes but have to be careful, and it is very rough on the margin as it takes the full brunt of the short put. Did it recently with COST - I had a 18SEP26 890/920 put spread and sold the long put when COST took a dive pre-earnings. Rolled the short put out profitably with the inflated pre earnings IV out to November at 910 strike.
THANK YOU MR PRESIDENT FOR BRINGING BACK SUCH GREAT INDUSTRIES ESPECIALLY GM [THEY WOULD NEVER COST THE GOVERNMENT MONEY](https://en.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization) NOR WOULD [STELLANTIS](https://subsidytracker.goodjobsfirst.org/parent/stellantis) OR EVEN [FORD](https://www.factcheck.org/2011/09/ford-motor-co-does-u-turn-on-bailouts/) Don’t get me wrong here, I wouldn’t consider myself to be a commie, but the fact that “Capitalism breeds innovation” is widely believed, I’m not exactly sure how the most capitalist president since Reagan openly pushing us from one of the only automotive fields *actually doing any innovation right now* is compatible with reality.
FAKE PRESIDENT SHOULD NOT BE ALLOWED IN THE WHITE HOUSE!!! IT HAS GONE ON FAR TOO LONG, AT A TREMENDOUS COST TO OUR CONTRY. American Public
There's nothing refreshing about these types of trades. It's the usual wsb degeneracy lol. Did you check his transaction history? They're almost entirely 0 or 1 DTEs with a couple weeklies throws in. We can't see the first order but he went in with at least 30% of his account with COST 1 DTE calls. He then risked half of his account on 0 DTE RKLB calls and doubled it. He then put 12k down on 0 DTE SNDK puts and it looks like he let it go to 0 since there's no sell order. You can see where this happened on the pnl graph. It's the drop after the first two peaks right above 3M. It doesn't look so bad zoomed out because he grew the account to 90k, but at the time this looks like a 50% drawdown on a single play.
Those are all good. F is approaching a buy, HD, LEN, WHR (all housing related if we get a catalyst). Yeah COST for sure, WMT, AMZN... I got 50 easily that are probably at a bottom. It's all Iran BS. Unless that gets resolved nothing is happening. Old story here, obvious one. I have no insight on that situation
I bought few hundred shares of RCL, maybe I'll grab WMT, COST and some DG, what you buying old timer?
collected easy 5% of port from COST earnings, ez $
yea earned 5k from short COST 907.5p
earnings represents uncertainty, maybe they release great news and huge buyers step in. maybe they release terrible news and there's a huge selloff. IV increases as people position around it/algo traders setup to play earnnigs all join etc. selling strangle on a weekly right before is just known as "shorting volatility". in an ideal setup, you play sell both sides and buy both sides a little further OTM than you sold. right after earnings is over the uncertainty is gone. IV crush makes everything not right ATM worthless, \*especially\* on thursday after-close earnings like COST was. COST was basically the perfect setup for this, megacap/boring retail/1dte long as the price doesn't move past either end of your strangle you should be able to close each side for 90%+ gain easy (could grab 100% if you carry through expiration...but why take the risk?). If PA blows past either before market opens after earnigns, then 1 side should cover the other side failing (again, in an ideal setup). personally, I do on every earnings for 10b+ mkcp company that has weeklies available. though I probably won't do this with MU cause being AI/tech shit that will probably be \*much\* more volatile than COST.
told you $COST was gonna make some people rich
Never doubt COST. That $1.50 hot dog always gonna be going strong.
Just look at COST. Incredible.
Is it possible for SPY, USO, and COST to all pump? I need a miraclegro for my port. She wilting bad.