Starbucks's most recent trend suggests a bullish bias. One trading opportunity on Starbucks is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 11.36% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.51 would be kept by the premium seller. The risk of $4.49 would be incurred if the stock dropped below the $70.00 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 62.13 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
[$$] Hating Starbucks in Beijing
Sat, 26 Oct 2013 03:11:43 GMT
The Wall Street Journal – Another Western brand comes under a nationalist attack.
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Sat, 26 Oct 2013 01:22:47 GMT
CNBC – Bulls face a trio of challenges: The Fed, earnings from some big names and delayed data due to the shutdown. Will they keep running or lie down?
WebMD Health Sees Vital Signs Improving, To Report Q3
Fri, 25 Oct 2013 22:48:00 GMT
Investor's Business Daily – WebMD Health Sees Vital Signs Improving, To Report Q3
The day that rocked Butler: Story behind Brad Stevens' departure for Celtics
Fri, 25 Oct 2013 22:34:48 GMT
USA TODAY – Exclusive look at July 3 from the Indy Star.
Your game plan for next week
Fri, 25 Oct 2013 22:00:00 GMT
CNBC – Looking ahead to which companies are reporting earnings next week, with Mad Money host Jim Cramer. Apple reports Monday, and LinkedIn and Yelp report Tuesday.
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