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 11.61% return on risk over the next 10 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 $0.52 would be kept by the premium seller. The risk of $4.48 would be incurred if the stock dropped below the $75.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Starbucks is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Starbucks is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Starbucks
4 Consumer Stock Stories for Your Investment Shopping Pleasure
Wed, 06 Nov 2013 22:41:05 GMT
Wall St. Cheat Sheet – Your Cheat Sheet to the top consumer business news: 4 Consumer Stock Stories for Your Investment Shopping Pleasure
Starbucks wants to recruit 10,000 vets, spouses
Wed, 06 Nov 2013 22:03:44 GMT
Reuters – Starbucks Corp is looking for thousands of good men – and women. The world's biggest coffee chain said on Wednesday it would commit to hiring at least 10,000 veterans and spouses of active military in five years. It also said five new and existing U.S. Starbucks cafes on or near military bases will share a portion of each sale with non-profit organizations that help veterans re-enter the workforce. Many U.S. companies have committed to hiring thousands of military veterans who served in Iraq and Afghanistan.
Whole Foods lowers sales forecast, shares fall
Wed, 06 Nov 2013 21:59:31 GMT
Reuters – Whole Foods Market Inc on Wednesday reported slower same-store sales growth in the fourth quarter and the grocer lowered its sales forecast for fiscal 2014, sending shares down 8.7 percent in after hours …
Can Starbucks Market Teavana Tea As a Life-Saving Product?
Wed, 06 Nov 2013 21:28:34 GMT
Whole Foods comparable sales growth slows, shares fall
Wed, 06 Nov 2013 21:15:42 GMT
Reuters – Whole Foods Market Inc on Wednesday reported same-store sales that decelerated in the fourth quarter and the grocer lowered its sales forecast for fiscal 2014, sending shares down 8.7 percent in after …
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