Check Out What Whales Are Doing With SBUX
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Starbucks (NASDAQ:SBUX), with Benzinga's options scanner spotting 10 uncommon options trades. The sentiment of these big-money traders is 60% bullish and 40% bearish. Whales have been targeting a price range of $85 to $105 for Starbucks over the last 3 months.
June 01, 2023 | 7:03 pm
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A large investor's bullish stance on Starbucks (NASDAQ:SBUX) has been noticed, with 60% bullish and 40% bearish sentiment among big-money traders. Whales target a price range of $85 to $105.
The bullish stance taken by a large investor on Starbucks indicates that they may have information or expectations of positive developments for the company. This could lead to increased buying pressure and a potential short-term increase in the stock price. The 60% bullish sentiment among big-money traders also supports this view.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100