Market Whales and Their Recent Bets on SBUX Options
Portfolio Pulse from Benzinga Insights
Recent options trading activity indicates a bullish sentiment among large investors for Starbucks (NASDAQ:SBUX). Benzinga's options scanner identified 30 significant trades, with 66% being bullish. The trades suggest a price range of $70 to $110 for SBUX over the next three months. Analysts have also provided positive ratings, with target prices ranging from $105 to $120.
August 16, 2024 | 5:46 pm
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Large investors have shown a bullish sentiment on Starbucks (NASDAQ:SBUX) with 66% of recent options trades being calls. Analysts have also provided positive ratings, with target prices ranging from $105 to $120.
The significant volume of bullish options trades and positive analyst ratings suggest a strong short-term upward movement for SBUX. The options activity indicates that large investors are expecting the stock to perform well, and the analyst ratings support this sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100