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 11.86% return on risk over the next 31 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 $0.53 would be kept by the premium seller. The risk of $4.47 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 26.49 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starbucks
Cramer: Subtle sign of maximized profits
Wed, 18 Dec 2013 23:55:06 GMT
CNBC – When looking for a company that aggressively maximizes profits, Cramer says look for this sign.
Can The McD App Boost Sales at McDonald's?
Wed, 18 Dec 2013 22:31:48 GMT
Motley Fool – McDonald's hopes the new McD app will drive customers into its stores. It worked for Starbucks, but will McDonald's have the same success?
This Iconic Company Is Overdue For A Pullback — Do You Own It?
Wed, 18 Dec 2013 19:00:00 GMT
StreetAuthority Network – I think the glory days are over for an iconic company. Started in 1971 with a small store in Seattle, this company has grown into a
Dunkin' Brands CEO on expansion plans
Wed, 18 Dec 2013 12:42:00 GMT
CNBC – Nigel Travis, Dunkin' Brands chairman and CEO, explains why he is concerned about extending long-term unemployment benefits, and provides insight on the state of the consumer.
Is this the world's worst gift card?
Wed, 18 Dec 2013 10:25:49 GMT
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