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On CNBC's "Options Action", Dan Nathan suggested a bullish options trade in Starbucks Corporation SBUX. He noticed the stock opened lower Friday, but it managed to close 2.11 percent higher. He sees the reversal as a bullish sign and he wants to use options to get a long exposure.
Nathan wants to buy the December 55/60 call spread for a total cost of $1.30. The trade breaks even at $56.30 or 0.48 percent higher.
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