9980/4000 SBUX 57.7/60 calls spreads volume went up in 3 blocks on the PHLX
Shares of Starbucks Inc (SBUX) are up .80 to 55.74 today.? SBUX is near the middle of the 52 week range.
- Paper traded 9980/4000 SBUX 57.7/60 calls spreads for .70 and .0165.?
- The ADV is 28447 contracts. ?
- The OI is 8555 and 14500 respectively.
The volume went up in 3 blocks on the PHLX.? There were other Oct 60 calls that went up later with total volume as of this post 12255 and 5364.? The trader could be closing some of the Oct 60s and reloading on the Oct 57.5s looking for a big push higher.? Check the OI on the Oct 60s tomorrow.? No stock near this size went up indicating no new tie to stock.
- IV 30 is trading for 15%.?
- HV10 is trading for 9%.?
- IV 30 is trading below the HV 10.
Starbucks Corporation is the roaster, marketer and retailer of specialty coffee. The Company purchases and roasts coffees that it sells, along with coffee, tea and other beverages, and a range of fresh food items, through Company-operated stores.