Check Out What Whales Are Doing With SBUX - Starbucks (NASDAQ:SBUX)

Core Insights - Significant bullish positions have been taken by large investors in Starbucks, indicating potential foreknowledge of upcoming events [1] - The sentiment among large-scale traders is mixed, with 75% bullish and 8% bearish, highlighting unusual trading activity [2] Options Activity - A total of 12 options transactions were identified for Starbucks, with 11 puts valued at $442,195 and one call worth $31,185 [2] - The predicted price range for Starbucks is between $70.0 and $90.0, based on volume and open interest analysis [3] Volume & Open Interest Trends - Monitoring volume and open interest provides insights into liquidity and interest in Starbucks's options, particularly within the $70.0 to $90.0 strike price range over the last 30 days [4] Current Market Position - Starbucks is the largest coffee brand globally, with nearly 41,000 cafes in over 80 countries, generating 74% of revenue from North America [8] - An expert has set an average target price of $84.0 for Starbucks, reflecting current market evaluations [10] Recent Performance - The stock price of Starbucks is currently at $85.52, showing a slight decrease of -0.06% with a trading volume of 1,995,362 [11] - The next earnings report is anticipated in 28 days, which could influence future trading activity [11]