Starbucks Unusual Options Activity For August 08
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Starbucks (NASDAQ:SBUX), with a majority of investors taking a bullish stance. The trades have targeted a price range of $80.0 to $100.0 for Starbucks over the last 3 months. The current price of SBUX is down -1.27% at $100.45. Analysts from Morgan Stanley, Wedbush, Wells Fargo, and Citigroup have given their ratings and price targets for the stock.
August 08, 2023 | 5:15 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Starbucks has seen unusual options activity, with a majority of investors bullish. The stock's current price is down -1.27% at $100.45. Analysts have given their ratings and price targets.
The unusual options activity indicates that investors are speculating on the future price of Starbucks, which could lead to increased volatility in the short term. However, the current price is down, indicating a bearish sentiment in the market. The analyst ratings and price targets provide a mixed outlook, with some analysts maintaining a neutral rating while others have an overweight rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100