Bearish flow noted in Starbucks (SBUX) with 14,042 puts trading, or 2x expected. Most active are Apr-25 100 puts and Jun-25 90 puts, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 3.84, while ATM IV is up nearly 6 points on the day. Earnings are expected on April 29th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SBUX:
- Looking for Exposure to AMZN Stock? Try These Two ETFs
- Brand Revamp Cannot Lift Struggling Starbucks (SBUX) Stock
- China’s tariffs on U.S. agricultural products now effective, NY Times reports
- Starbucks Faces Stock Slump Amid Leadership Changes
- Starbucks (NASDAQ:SBUX) Calls on Surviving Staff to “Step It Up”