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Check Out What Whales Are Doing With SBUX

Benzinga ·  02:16

Whales with a lot of money to spend have taken a noticeably bearish stance onStarbucks.

Looking at options history for Starbucks (NASDAQ:SBUX) we detected 8 trades.

If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $773,680 and 5, calls, for a total amount of $488,485.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $75.0 to $110.0 for Starbucks during...

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