Starbucks's most recent trend suggests a bullish bias. One trading opportunity on Starbucks is a Bull Put Spread using a strike $81.00 short put and a strike $76.00 long put offers a potential 5.04% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $81.00 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $76.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Starbucks is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Starbucks is bullish.
The RSI indicator is at 76.45 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Starbucks
Starbucks CEO: ‘We will always have indulgent products'
Tue, 09 Dec 2014 14:57:00 GMT
After U.K., Australia is also eyeing a “Google Tax”
Tue, 09 Dec 2014 13:41:30 GMT
Starbucks up on 5-year plan
Tue, 09 Dec 2014 00:04:00 GMT
Cramer: 3 Stocks with long-term potential
Tue, 09 Dec 2014 00:00:00 GMT
Cramer: Bright side of selloff
Mon, 08 Dec 2014 23:00:00 GMT
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