tiprankstipranks

Starbucks call volume above normal and directionally bullish

Starbucks call volume above normal and directionally bullish

Bullish option flow detected in Starbucks with 22,178 calls trading, 1.1x expected, and implied vol increasing over 1 point to 26.29%. 9/13 weekly 97 calls and Oct-24 100 calls are the most active options, with total volume in those strikes near 13,600 contracts. The Put/Call Ratio is 0.64. Earnings are expected on October 31st.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com