Financial giants have made a conspicuous bearish move on Starbucks. Our analysis of options history for Starbucks (NASDAQ:SBUX) revealed 12 unusual trades.

Delving into the details, we found 41% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $747,740, and 4 were calls, valued at $151,740.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $110.0 for Starbucks, spanning the last three months.

Volume & Open Interest Trends

Assessing the volume and open interest is a...