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The P/E ratio of Costco is 38. The Price is $531 and you own 100 shares. It reports earnings tomorrow. You expect from your
The P/E ratio of Costco is 38. The Price is $531 and you own 100 shares. It reports earnings tomorrow. You expect from your analysis that it will report that it earned $13.50/share. This is a long term holding for you. What action would you take using options? Justify your answer.
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Given the scenario we have a longterm positive outlook on Costco and were expecting a strong earnings report Heres a strategy using options that align ...Get Instant Access to Expert-Tailored Solutions
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