High-rolling investors have positioned themselves bearish on Starbucks (NASDAQ:SBUX), and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in SBUX often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 9 options trades for Starbucks. This is not a typical pattern.

The sentiment among these major traders is split, with 33% bullish and 66% bearish. Among all the options we identified, there was one put, amounting to $66,105, and 8 calls, totaling $342,645.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $75.0 and $95.0 for Starbucks, spanning the last three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Starbucks options trades today is 4536.25 with a total volume of 2,412.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Starbucks's big money trades within a strike price range of $75.0 to $95.0 over the last 30 days.

Starbucks Option Activity Analysis: Last 30 Days

Noteworthy Options Activity:

About Starbucks

In light of the recent options history for Starbucks, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Starbucks

• With a volume of 2,260,705, the price of SBUX is down -0.02% at $85.16.
• RSI indicators hint that the underlying stock may be oversold.
• Next earnings are expected to be released in 14 days.

Professional Analyst Ratings for Starbucks

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $104.0.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Starbucks options trades with real-time alerts from Benzinga Pro.