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Dan Nathan's Starbucks Option Trade

December 9, 2019 11:18 am
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Dan Nathan's Starbucks Option Trade

Dan Nathan spoke on CNBC's "Options Action" about a bullish options trade in Starbucks Corporation (NASDAQ:SBUX). The stock gained 35% year to date, but Nathan thinks there is more room on the upside.

See Also: Mike Khouw's XLK Trade

To make a bullish bet, Nathan wants to buy the January $87.50 call for $1.50. The trade breaks even at $89 or 3.09% above the current stock price.


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