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 15.74% return on risk over the next 25 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 $0.68 would be kept by the premium seller. The risk of $4.32 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 59.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starbucks
Will Starbucks (SBUX) Surprise Earnings This Season?
Tue, 28 Oct 2014 20:47:14 GMT
What to look for in Starbucks earnings
Tue, 28 Oct 2014 17:17:24 GMT
Taco Bell unveils mobile ordering
Tue, 28 Oct 2014 16:03:16 GMT
Taco Bell, fast-food rivals push toward mobile ordering
Tue, 28 Oct 2014 15:26:16 GMT
Dunkin' Donuts coffee shops to sell flaky croissant-donut crossover
Tue, 28 Oct 2014 01:08:53 GMT
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