SBUX trade ideas
Bearish opportunity in SBUXStarbucks gapped down on earnings recently. Price retraced to the 20EMA area. Volumes recently below average. If it can make a lower low and lower close below the 20EMA it can provide a bearish opportunity
SBUX- Wake up and smell the coffeeAnother stock I've been a fan of, good earnings, should break through the resistance fib level. Watching this stock for a potential short term call option. Also like the stock to own.
SBUX - Basis reductionSo I usually try to do a little basis reduction on some long term holdings or divvy holds in the long term accounts.
SBUX had some high vol, so I went out to June to sell some puts around what appears to be support. I will usually take these trades for 50% of profit and run like a thief in the night. I don't have a full 100 shares, but my goal is to over time, reduce the cost of these shares down so much that they are "free" trades and just collect dividends. This does not happen without taking this extra risk, however.
Short June15 $52.50 put for $1.17.
Delta: 25
POP: 74%
Stop loss: - $50ish level (which I will likely just roll).
Target - 50% credit received.
I bought this set of shares, original basis of $55.80. Through my first options play, it reduced my basis down to $52.43. This play (if successful) would further reduce my basis down to $45.13. At SBUX current dividend, this would give me a yield on cost of 2.66%, even though if you had bought today, you would receive around 2.12%. It does not seem like much, but over the course of time and proper management, you can really make an impact with large numbers.
SBUX(Will be star broke)Longer term, to the downside
Not sure if you're a coffee fiend, but you beloved starbux will be getting slapped in due time. I have zero knowledge about what the store is doing. what papers are filed, and a bunch noise that I never cared for when it comes to trading.
If I can get extra skilled with it, I want to say around late Spring the drop will begin.
Jumpy But Need A RefillHi guys. I gave up drinking coffee, but I wish this company good luck for being so brave imho. Thank you for taking a look.
SBUX- due for a CORRECTIONDouble top on resistance and head and shoulders forming. Cycle from 2009 is due for a correction. Look at the previous cycle for a clue. The trend of parabolic advances may continue after after a correction to 42 or even 50 if lucky, but this year doesn't look too hot for the coffee giant.
BUCKY'S!!! - STARBUCKS PRICE FORECASTING.Starbucks a business which is very close to my heart, seeing that I have it almost everyday. Let's get down to business.
Estimated Earnings was 0.57, however actual earnings was 0.65 . If we're playing the traditional Earnings Game , we could anticipate a large appreciation. Going long on this stock prior to earnings, with this current effect would of left you hurt. I was in fact looking at this stock last week, I just didn't get around to posting it. I think that prices will eventually appreciate creating a LOWER HIGH at the 60.00 price region and a further depreciation is expected making a LOWER LOW . Of course, I believe that if prices however go up to the 60.00 region it also runs the risk of heading up to the 62.00 Region this could happen if prices pass the 60.00 zone with strong volume.
Starbucks Earnings Report: Estimated 0.57, Actual Earnings 0.65
Sector : Consumer Cyclicals
Volume: 51.852M
Market Cap: 82.508B
Current P/E: 19.13
EPS: 3.04
SBUXI asked my wife to go into a starbucks dry season to save some $$. So this means stock is going down.
Short SBUX Maximum Volume and momentum followed by a giant reversal pattern.
Price level $50 to be tested.
Lower Lows | Lower HighsDespite ending higher, oscillators crossing downward and may be early signs for a dip
SBUX bounce buyStarbucks has been trending sideways bouncing off various support and resistance levels. I think it's a good time to buy at $58, place stop at $57 and sell at $60 for a 1:2 R:R. Trade duration: 10 days.
Consolidate further before upard movement
Price needs to correct and consolidate before finding upward movement
