Starbucks's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Whales have shown a bullish stance on Starbucks (NASDAQ:SBUX) with significant options activity. 47% of trades were bullish and 47% bearish, with a notable amount of calls ($6.39M) compared to puts ($147.5K). Analysts have set a price target around $84.5, with current stock price at $79.5.
May 31, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Whales have shown a bullish stance on Starbucks with significant options activity. Analysts have set a price target around $84.5, with the current stock price at $79.5.
The significant amount of call options ($6.39M) compared to puts ($147.5K) indicates a bullish sentiment among big investors. Analysts' price targets around $84.5 also support a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100