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 25.31% return on risk over the next 24 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 $1.01 would be kept by the premium seller. The risk of $3.99 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 63.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starbucks
Starbucks Prices: Tempest In A Coffee Pot
Thu, 24 Oct 2013 09:46:41 GMT
Seeking Alpha – Chinese media are finally discovering something that I've know all along, namely that Starbucks (Nasdaq: SBUX ) coffee is ridiculously overpriced. Some might say a new investigative report from national …
Samsung Electronics apologises to China consumers for mobile phone glitches
Thu, 24 Oct 2013 01:28:08 GMT
Starbucks unveils ‘tea bar' in New York City
Thu, 24 Oct 2013 00:05:02 GMT
Starbucks unveils ‘tea bar' in New York City
Thu, 24 Oct 2013 00:05:02 GMT
AP – Starbucks is opening a new cafe in New York City, and it won't serve any coffee. The Seattle-based company on Thursday plans to open its first Teavana “tea bar,” where people can order specialty …
The 4 Top Restaurant Brands of 2013
Wed, 23 Oct 2013 22:36:19 GMT
Motley Fool – Find out which the three companies are behind these top restaurant brands.
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