Myantman101
Long

SBUX to $105 Option Call

NASDAQ:SBUX   STARBUCKS CORP
I am deep into my option contract. 100 contracts for $105 by 11/15, counting on Q4 earnings to blow SBUX out of the water. I believe the remainder of this week will be good for SBUX since volatility has slowed down. Next week technicals are showing strong buys. Looking good all around, this will be a fun ride.
Sep 30
Comment: Not going in the direction I like. Hopefully this turns around!
How are you holding up with your position?
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Myantman101 jimmyleahy777
@jimmyleahy777, Down 75% Everything can change after earnings, I’ve been averaging down. I have 170 Contracts. I’ve been buying at 0.25 a contract to 0.03. Big loss at the moment. I averaged down to 0.12. Still at 0.03. Looking to break even after earnings. Very frustrating
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