Financial giants have made a conspicuous bearish move on Starbucks. Our analysis of options history for Starbucks (NASDAQ:SBUX) revealed 12 unusual trades.

Delving into the details, we found 41% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $747,740, and 4 were calls, valued at $151,740.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $70.0 and $110.0 for Starbucks, spanning the last three months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Starbucks's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Starbucks's substantial trades, within a strike price spectrum from $70.0 to $110.0 over the preceding 30 days.

Starbucks 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About Starbucks

In light of the recent options history for Starbucks, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Starbucks

• Trading volume stands at 4,875,733, with SBUX's price up by 0.42%, positioned at $95.44.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 15 days.

Professional Analyst Ratings for Starbucks

5 market experts have recently issued ratings for this stock, with a consensus target price of $105.8.

Unusual Options Activity Detected: Smart Money on the Move

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Starbucks, Benzinga Pro gives you real-time options trades alerts.