Starbucks's most recent trend suggests a bullish bias. One trading opportunity on Starbucks is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 16.28% 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 $70.00 by expiration. The full premium credit of $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $65.00 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 49.62 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Starbucks
Asia shares fall on Ukraine worries; Nikkei drops 1%
Mon, 28 Apr 2014 00:12:00 GMT
CNBC – Asian equities started the week with losses on Monday amid rising geopolitical tensions over Ukraine.
6 Homemade Iced Coffee Recipes for Your Spring Caffeine Fix
Sun, 27 Apr 2014 15:03:06 GMT
Starbucks Will Have To Raise Coffee Prices
Sun, 27 Apr 2014 11:46:04 GMT
Can Starbucks Climb Higher?
Sat, 26 Apr 2014 16:34:07 GMT
China Slowing? Big U.S. Companies Remain Bullish
Sat, 26 Apr 2014 12:02:00 GMT
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