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.
I'm bullish to neutral down here on SBUX. MOSTLY neutral.
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