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Starbucks call volume above normal and directionally bullish

Bullish option flow detected in Starbucks (SBUX) with 25,447 calls trading, 4x expected, and implied vol increasing almost 4 points to 28.09%. 12/27 weekly 93 calls and 12/27 weekly 94 calls are the most active options, with total volume in those strikes near 14,300 contracts. The Put/Call Ratio is 0.23. Earnings are expected on January 28th.

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