Starbucks's most recent trend suggests a bullish bias. One trading opportunity on Starbucks is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 15.74% 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 $77.50 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $72.50 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 41.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starbucks
1 Reason Starbucks Will Outshine McDonald's in 2014 and Beyond
Sun, 29 Dec 2013 17:01:58 GMT
Motley Fool – Starbucks improved upon McDonald's model and is now ready to quell the burger chain's attempt to enter the coffee market.
Walmart resets in China with Sam's Club drive
Sun, 29 Dec 2013 05:30:33 GMT
Financial Times – The Sam's Club on the outskirts of China's capital is not, technically speaking, a drive-thru operation. But almost all of the customers at the Walmart-operated discount warehouse drive there to shop and …
Fast Money Final Trade
Fri, 27 Dec 2013 22:28:00 GMT
CNBC – The Fast Money traders share their final trades of the day.
Your first trade for Monday
Fri, 27 Dec 2013 19:41:46 GMT
CNBC – The “Fast Money” traders share their final trades of the day.
Soaring Airfares Take a Sharp Dip Thanks to Delta Glitch
Fri, 27 Dec 2013 19:01:00 GMT
Minyanville – Delta has admitted that a pricing goof was its fault, and plans to honor customer tickets.
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