TopgOptions

SBUX Starbucks Corporation Options Ahead of Earnings

Long
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BATS:SBUX   Starbucks Corporation
If you haven`t bought the dip on SBUX:

Then analyzing the options chain and the chart patterns of SBUX Starbucks Corporation prior to the earnings report this week,
I would consider purchasing the 96usd strike price Calls with
an expiration date of 2024-2-2,
for a premium of approximately $1.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.


Trade fermée: cible de profit atteinte:
SBUX traded at $98.35 after earnings, and the calls were definitely profitable, but I hadn't checked the chain back then.

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