Starbucks's most recent trend suggests a bullish bias. One trading opportunity on Starbucks is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 10.86% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock dropped below the $75.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Starbucks is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Starbucks is bullish.
The RSI indicator is at 71.81 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Starbucks
Starbucks Aims to Double U.S. Food Sales
Fri, 05 Dec 2014 05:45:29 GMT
The Wall Street Journal – Starbucks aims to double sales from its food business in the U.S. over the next five years and become more of an evening food-and-wine destination as it continues its push to be more than just a coffee …
Starbucks Wants to Be Fancy Again
Fri, 05 Dec 2014 03:56:29 GMT
Starbucks debuts high-end Reserve roastery and cafe in Seattle
Fri, 05 Dec 2014 02:46:09 GMT
Starbucks goes upscale with fancy coffee emporium
Fri, 05 Dec 2014 01:37:00 GMT
Starbucks Partners Bring Starbucks Reserve Roastery and Tasting Room to Life for Customers
Fri, 05 Dec 2014 01:21:35 GMT
noodls – At the age of seven, Chelsey Meissner traveled with her family to Guatemala. Her father had a job that took him around the world and he wanted to make sure his kids appreciated other cultures, which often …
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