Mixed options sentiment in Starbucks (SBUX), with shares down 99c near $86.02.Options volume relatively light with 16k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.85. Implied volatility (IV30) is higher by 0.5 points near 29.62,and above the 52wk median, suggesting an expected daily move of $1.60. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBUX:
- Mixed options sentiment in Starbucks with shares up 3.15%
- Moderately bullish activity in Starbucks with shares up 0.45%
- Strategic Initiatives and Growth Potential Drive Buy Rating for Starbucks
- Starbucks’ Strategic Initiatives and Growth Potential: A Buy Recommendation
- Lone Pine buys Carvana, boosts Intuit in Q1