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Starbucks options imply 6.0% move in share price post-earnings

Starbucks options imply 6.0% move in share price post-earnings

Pre-earnings options volume in Starbucks (SBUX) is 1.5x normal with puts leading calls 5:4. Implied volatility suggests the market is anticipating a move near 6.0%, or $5.99, after results are released. Median move over the past eight quarters is 3.5%.

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