Costco (COST) volatility elevated, shares tick up from four-month lows on results

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Costco (Nasdaq: COST) is recently trading up $1.62 to $84.93 on better than expected revenue and earnings per share. Jefferies say’s “Expense controlled well; beat helped by “Other” income and lower LIFO charge.” Overall option implied volatility of 22 is above its 26-week average of 20.

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