Mixed options sentiment in Starbucks (SBUX), with shares up $2.66 (+3.15%) near $87.06.Options volume relatively light with 38k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.86. Implied volatility (IV30) dropped 1.71 near 29.09,and above the 52wk median, suggesting an expected daily move of $1.60. Put-call skew steepened, indicating increased demand for downside protection.
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