tiprankstipranks
The Fly

Starbucks call volume above normal and directionally bullish

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.

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