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 8 options trades for Starbucks. This is not a typical pattern.
The sentiment among these major traders is split, with 12% bullish and 62% bearish. Among all the options we identified, there was one put, amounting to $38,160, and 7 calls, totaling $333,030.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $85.0 to $110.0 for Starbucks during the past quarter.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Starbucks options trades today is 7132.4 with a total volume of 6,065.00.
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 $85.0 to $110.0 over the last 30 days.
Starbucks Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SBUX | CALL | TRADE | BEARISH | 01/15/27 | $4.9 | $4.65 | $4.7 | $110.00 | $69.5K | 3.2K | 1.3K |
| SBUX | CALL | SWEEP | BULLISH | 01/15/27 | $4.75 | $4.65 | $4.75 | $110.00 | $65.0K | 3.2K | 1.2K |
| SBUX | CALL | TRADE | BEARISH | 01/15/27 | $5.4 | $4.7 | $4.75 | $110.00 | $47.5K | 3.2K | 1.2K |
| SBUX | CALL | TRADE | BEARISH | 01/15/27 | $4.85 | $4.7 | $4.7 | $110.00 | $47.0K | 3.2K | 1.1K |
| SBUX | CALL | TRADE | BEARISH | 01/16/26 | $0.47 | $0.39 | $0.42 | $95.00 | $42.0K | 13.8K | 1.1K |
About Starbucks
Starbucks stands out as the world's biggest and most recognizable coffee brand, powered by ultracustomizable beverages in-store and a sweeping footprint of nearly 41,000 cafes in over 80 countries. About 52% are company-operated, with the balance run by licensees. The company operates roasteries and sells across its North America (74% of revenue as of the end of fiscal 2025), international (21%), and channel development (5%) segments. The brand collects revenue from company-operated stores, licensee royalties, equipment and product sales, retail ready-to-drink beverages, and packaged coffee.
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 trading volume of 2,094,089, the price of SBUX is up by 0.28%, reaching $85.64.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 42 days from now.
What Analysts Are Saying About Starbucks
In the last month, 1 experts released ratings on this stock with an average target price of $84.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from TD Cowen has revised its rating downward to Hold, adjusting the price target to $84.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Starbucks with Benzinga Pro for real-time alerts.
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