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 16.82% return on risk over the next 12 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 $0.72 would be kept by the premium seller. The risk of $4.28 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 79.13 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
Can Starbucks and Keurig Green Mountain Peacefully Coexist?
Mon, 09 Jun 2014 17:26:04 GMT
Coffee wars heat up
Mon, 09 Jun 2014 16:29:00 GMT
Coffee drinkers may have to pay a little more for Dunkin' Donuts java
Mon, 09 Jun 2014 12:45:17 GMT
The Daily Ticker – http://l.yimg.com/hv/api/res/1.2/djIAcvYiqvyDIeWJppHyWQ–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.yahoofinance.dailyticker.com@286ddf36-dfaf-3bbf-a91c-2b8750cf1d30_FULL.png
Is There Really Any Room Left for Starbucks Corporation to Grow?
Sun, 08 Jun 2014 15:32:37 GMT
$15 minimum wage allows few luxuries in cities
Sat, 07 Jun 2014 10:45:31 GMT
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