Core Insights - Investors are showing a bullish sentiment towards Starbucks, with significant options trading activity indicating potential upcoming developments [1][2] - The overall sentiment among large traders is 69% bullish and 30% bearish, with a notable disparity in the volume of call and put options [2] - Recent options trading suggests that large investors are targeting a price range of $60.0 to $90.0 for Starbucks over the past three months [3] Options Activity - A total of 13 options trades were identified for Starbucks, with 12 being calls amounting to $564,982 and only 1 put worth $25,000 [2] - The volume and open interest data for Starbucks options provide insights into liquidity and trader interest, particularly within the $60.0 to $90.0 strike price range over the last 30 days [4] Company Overview - Starbucks operates over 40,000 stores globally across more than 80 countries, generating revenue from various segments including company-operated stores and ready-to-drink beverages [12] - Analysts have set a consensus target price of $95.0 for Starbucks, although one analyst has recently downgraded their rating to Hold with the same price target [13][14] Current Market Position - As of the latest trading session, Starbucks stock (SBUX) is priced at $84.42, reflecting a decrease of 1.43% with a trading volume of 3,026,023 [16] - The next earnings report for Starbucks is scheduled in 29 days, which may influence future trading activity and investor sentiment [16]
Market Whales and Their Recent Bets on SBUX Options - Starbucks (NASDAQ:SBUX)