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Benzinga
Benzinga
Business
Craig Jones

FORGOTTEN HISTORY: More bearish bets for costco wholesale | History Defined

Amid the broader retail bloodbath on Wednesday, shares of Costco Wholesale Corporation (NASDAQ:COST) tanked more than 12% in their worst performance since 2003.

On CNBC's "Options Action," Tony Zhang said the stock traded almost 5 times its average daily put on Wednesday.

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