On CNBC’s Fast Money program last night, me and my friend Josh Brown (CEO of Ritholtz Asset Management) had a little debate on the merits of holding a prior market leader that has underperformed in …
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Event: SBUX reports their fiscal Q3 earnings tonight after the close. The options market is implying about a 3.25% one day move, which is above the 4 qtr avg of about 2.75%, but below the …
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Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was July 14th – July 18th: Monday July 14th: Name That …
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Our SBUX Jul19th 80/75/70 put fly expires today. The 80 put is in-the-money, while the 75 and 70 puts are out-of-the-money, all far enough away that I don’t plan to cover the short 75 puts …
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A couple weeks ago, Enis made a slightly bearish trade in SBUX, playing for the stock to remain in its current range heading into July expiration (below). The trade is a slight loser with one …
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SBUX is trading almost exactly unchanged on the year after a strong 6 week rally from near $70 in late-May. SBUX closed the year at $78.39 (red), and that level has acted as resistance in …
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Here is a quick recap of all of the trades that we initiated, closed, managed, expired and considered (Name That Trades) in the week that was June 23rd – June 27th:
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Starbucks is trading at a 3 month high today after an upgrade from UBS. The UBS analyst cited the following factors for the upgrade: One of best long-term global growth opportunities among consumer multinationals given …
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SBUX has successfully held its recent lows and is now back above its 50 day moving average. This means the out-of-the-money bearish structure is at serious risk of becoming a total loss, especially with the …
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WFM reported fiscal Q2 results after the close yesterday that disappointed investors. The stock is down about 15% in the pre-market, making fresh 2 year lows. This is perhaps to be expected given the terrible …
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