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Costco Wholesale Corporation (COST)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 928.40 -0.01%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±3.2%
Expected range 898.49958.84
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.24.3%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 23/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.85
P/C open interest1.04
Next earnings Sep 24

Cboe delayed options data · as of 17:03 UTC · Figures derived from the full chain (3,536 contracts, 20 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (15 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

898.5958.8928.7 current

Options are pricing a move of about ±3.2% (range 898.49–958.84) by Sep 18, 2026. ATM straddle: 30.18 @ strike 930 · ATM IV: 19.8%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

928.7898.5958.8
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
835.79 -10% 99.5% 0.5%
882.23 -5% 89.5% 10.5%
928.66 +0% 49.2% 50.8%
975.09 +5% 10.9% 89.1%
1,021.53 +10% 0.8% 99.2%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 04, 2026 1 ±1.1% 23.1% 51.5K
Sep 11, 2026 8 ±2.3% 19.1% 36.0K
Sep 18, 2026 15 ±3.2% 19.8% 73.3K
Sep 25, 2026 22 ±4.9% 24.6% 13.1K
Oct 02, 2026 29 ±5.5% 24.4% 7,386
Oct 09, 2026 36 ±6.0% 23.9% 2,268
Oct 16, 2026 43 ±6.5% 23.4% 23.7K
Oct 23, 2026 50 ±7.0% 23.6% 0
Nov 20, 2026 78 ±8.3% 22.2% 12.0K
Dec 18, 2026 106 ±10.0% 22.9% 20.3K
Jan 15, 2027 134 ±11.1% 22.8% 43.7K
Feb 19, 2027 169 ±12.7% 23.3% 3,645

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

700.0770.0810.0850.0890.0930.0952.5975.01,0151,160928.7
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 900 P · 5,450910 P · 4,7981,000 C · 4,718920 P · 3,9561,300 C · 3,660

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

18%21%23%26%1d29d197d

When does open interest expire?

17%This week12%Next week29%This month41%Later

Implied vs realized volatility

18.9%21.2%23.5%25.9%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Sep 24-2.5%Dec 24-0.5%Mar 25-8.0%May 25+2.7%Sep 25-3.1%Dec 25+1.1%Mar 26-0.9%May 26-4.7%
implied (when recorded)actual reaction

Avg |reaction| 3.1% · median 2.6% (20 reports) — two-session close-to-close window; definition

About Costco Wholesale Corporation

Costco Wholesale Corporation, alongside its group entities, operates membership-based retail warehouses across a broad international scope, spanning the United States, Puerto Rico, Canada, the United Kingdom, Mexico, Japan, South Korea, Australia, Spain, France, Iceland, China, and Taiwan. These outlets provide customers with an extensive array of both well-known branded and proprietary private-label products. Their vast inventory includes household staples, shelf-stable groceries, confectionery, chilled and frozen items, alcoholic beverages, tobacco, and deli selections. Furthermore, the stores stock major appliances, consumer electronics, health and beauty aids, hardware, garden and patio furniture, sporting goods, vehicle tires, toys, seasonal merchandise, office supplies, automotive maintenance products, postage services, event tickets, apparel, small kitchen appliances, home furnishings, domestic textiles, kitchenware, custom-order kiosks, and fine jewelry. Fresh departments offer meat, produce, a service deli, and bakery items. Beyond retail goods, Costco provides in-store amenities such as pharmacies, optical clinics, food courts, hearing aid centers, and tire installation f

Consumer Defensive · Discount Stores · NASDAQ · Profile: Financial Modeling Prep

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ETF

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Financial Services

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Industrials

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Energy

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