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IF you want to own shares of SBUX             , I think this is a nice put sale. Below the 100 SMA . SBUX             is in a distribution phase right now. It's also pretty much in a short term "buy low, sell high" kind of set up for a bullish swing. Just a thought for those who like option strategies.
I'm bullish to neutral down here on SBUX             . MOSTLY neutral.
Thanks for helping us Enrich Lives!
I kinda think is free money. In fact, if it DOESN'T expire worthless, I will go into SBUX and buy every order placed for 30 minutes (As a gift to those who are there) :-)
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