Now with earnings out of the way and IV down, SBUX strangle is a good play here. Confluence of a trend line and the 50 day moving average and the stock has been going sideways for about 4 weeks now. 60-90 day options will pay.
Not financial advice.
Not financial advice.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.