Starbucks : Cash Secured Puts

November 1 , opened a new position on SBUX.

Open Interest Chart

ITM [email protected] and 85 (weekly bullish sign ). Few OTM puts

Options Volume Chart

I am looking puts premium between 81.5 and 80.

Options MaxPain Chart

Max Pain @84

Conclusion: November 1 , sold 3 CSP strike [email protected] Expiry November 8. Weekly return 0.3% AROI 16%

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