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 19.9% 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 $75.00 by expiration. The full premium credit of $0.83 would be kept by the premium seller. The risk of $4.17 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 61.37 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
[$$] Starbucks’s Cup Is Half-Full
Thu, 30 Oct 2014 05:48:05 GMT
The Wall Street Journal – Ahead of the Tape: Rising coffee costs shouldn’t outweigh positive trends at the java purveyor.
Starbucks (SBUX) Stock Lower Today Ahead of Earnings Results
Wed, 29 Oct 2014 18:41:00 GMT
Woman wanted Starbucks discs, settles for $250
Wed, 29 Oct 2014 17:22:35 GMT
Woman wanted Starbucks discs, settles for $250
Wed, 29 Oct 2014 17:22:35 GMT
What to Expect From Starbucks Earnings
Wed, 29 Oct 2014 17:05:02 GMT
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