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%