Starbucks's most recent trend suggests a bullish bias. One trading opportunity on Starbucks is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 5.26% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $67.50 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Starbucks
Will New Concepts From Starbucks and Yum! Brands Take Off?
Thu, 05 Jun 2014 17:36:33 GMT
Korean Coffee Chain Caffe Bene Plans Aggressive Growth As Starbucks Alternative
Thu, 05 Jun 2014 17:34:00 GMT
Krispy-Kreme Getting Creamed: Buying Opportunity?
Thu, 05 Jun 2014 13:45:06 GMT
Starbucks Makes Significant Education Investments to Develop Future Leaders in China
Thu, 05 Jun 2014 10:00:00 GMT
Business Wire – BEIJING–(BUSINESSWIRE)– Howard Schultz, chairman, president and chief executive officer of Starbucks Coffee Company (NASDAQ:SBUX – News) today reaffirmed Starbucks commitment to leverage the company’s unique combination of passionate partners (employees) and store footprint to deliver long-term growth through the lens of humanity. Speaking at Beijing’s iconic Great Hall of the People, founder of the Starbucks Foundation, Howard Schultz, announced a total of US$3 million investment in China by the Starbucks Foundation spanning three years, including US$1.5 million to the China Soong Ching Ling Foundation (CSCLF), following his meeting with Mr. Hu Qili, Chairman, China Soong Ching Ling Foundation. The commitment, administered by Give2Asia, a social enterprise dedicated to building a civil society across Asia, furthers the eight-year partnership with CSCLF, designed to unleash lifelong educational and leadership opportunities for young people in China. Starbucks China hosted the first Partner Family Forum in Guangzhou where more than 1,200 partners and their family members attended the inspiring event which celebrated love, humanity and opportunity for partners (employees) in China.
Starbucks Makes Significant Education Investments to Develop Future Leaders in China
Thu, 05 Jun 2014 10:00:00 GMT
Business Wire – Howard Schultz, chairman, president and chief executive officer of Starbucks Coffee Company today reaffirmed Starbucks commitment to leverage the company’s unique combination of passionate partners and store footprint to deliver long-term growth through the lens of humanity.
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