Investors with significant funds have taken a bearish position in Starbucks (NASDAQ:SBUX), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in SBUX usually indicates foreknowledge of upcoming events.
Today, Benzinga’s options scanner identified 11 options transactions for Starbucks. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 18% being bullish and 63% bearish. Of all the options we discovered, 10 are puts, valued at $928,464, and there was a single call, worth $59,750.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $120.0 for Starbucks over the last 3 months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful …
Full story available on Benzinga.com
Investors with significant funds have taken a bearish position in Starbucks (NASDAQ:SBUX), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in SBUX usually indicates foreknowledge of upcoming events.
Today, Benzinga’s options scanner identified 11 options transactions for Starbucks. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 18% being bullish and 63% bearish. Of all the options we discovered, 10 are puts, valued at $928,464, and there was a single call, worth $59,750.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $120.0 for Starbucks over the last 3 months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful …
Full story available on Benzinga.com
Investors with significant funds have taken a bearish position in Starbucks (NASDAQ:SBUX), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in SBUX usually indicates foreknowledge of upcoming events.
Today, Benzinga’s options scanner identified 11 options transactions for Starbucks. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 18% being bullish and 63% bearish. Of all the options we discovered, 10 are puts, valued at $928,464, and there was a single call, worth $59,750.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $85.0 to $120.0 for Starbucks over the last 3 months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful …Full story available on Benzinga.com Read MoreBZI-UOA, SBUX, Options, Markets, SBUX, US8552441094, Options, Markets, Benzinga Markets
