COST (COST) options memo

The Read

COST is up 1.29% today at $961.85.

Options traders lean neutral into 2026-08-14, and neutral further out.

A move through $949.60 would change how dealers hedge this stock.

Key numbers

• Spot: $961.85
• Lean: neutral
• Nearest expiry: Fri 9/25
• Implied move: 2.2%
• ATM implied volatility: 41.9%
• Max pain: $910.00
• Pin strike: $900.00
• Dealer positioning: LONG GAMMA
• Call wall: $945.00
• Put wall: $890.00
• Put/call open interest: 1.145