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 17.1% return on risk over the next 30 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 $0.73 would be kept by the premium seller. The risk of $4.27 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 57.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starbucks
The Dark Horse of the Tea Wars
Thu, 17 Oct 2013 22:22:18 GMT
Motley Fool – This small upstart has enough scale to change the direction of the war. The final episode in the “Tea Wars.”
4 Consumer Stock Stories for a Positive Investment Shopping Experience
Thu, 17 Oct 2013 21:43:05 GMT
Wall St. Cheat Sheet – Here are some top Consumer Stock Stories for Thursday.
Chipotle Defies The Short-Sellers As Rising Sales And Increased Guidance Boost The Stock
Thu, 17 Oct 2013 20:26:00 GMT
Forbes – Chipotle had a solid third quarter, with same store sales growing and increased guidance despite a miss on profits.
Why Companies Speak Up, and Why Consumers Don't Care
Thu, 17 Oct 2013 18:58:32 GMT
Motley Fool – Starbucks has made a few bold claims recently, but the company has no fear that the bottom line will take a hit.
AIRMALL® USA Bringing Signature Brews from Starbucks to Coffee Lovers at Cleveland Hopkins International Airport (CLE)
Thu, 17 Oct 2013 16:22:00 GMT
PR Newswire – CLEVELAND, Oct. 17, 2013 /PRNewswire/ — Starbucks will soon be serving its premium brewed coffee to travelers at the AIRMALL at Cleveland Hopkins International Airport (CLE). AIRMALL® USA , the developer …
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