For cost please give me the best option strike for puts

For Costco Wholesale Corporation (COST), the best option strike for puts would be the $450 level. This strike price represents a reasonable support level based on the stock's past performance and technical analysis indicators.

1. **Support Level Analysis**: The support level for COST has been around $450 in the past few years. This price level has shown strong support, indicating that it may be a key area of interest for put option traders looking for potential downside protection.

2. **Technical Analysis Indicators**: The 50-day moving average (DMA) and the 200-day DMA are important technical analysis tools that can help identify key support and resistance levels. For COST, the 200-day DMA has been around $450, suggesting that this level may be a significant area of support.
3. **Market Sentiment**: The sentiment among analysts is mixed, with some maintaining an optimistic outlook and others suggesting that the stock may be overvalued. In light of this, a put option with a strike price of $450 would allow traders to hedge against potential downside risk while still giving them exposure to any potential upside movement in the stock.

In summary, the $450 strike price for puts on Costco Wholesale Corporation (COST) is a prudent choice based on the stock's support level, technical analysis indicators, and current market sentiment.