Bullish option flow detected in Starbucks with 12,864 calls trading, 2x expected, and implied vol increasing over 1 point to 28.36%. Jul-23 115 calls and May-23 120 calls are the most active options, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 0.58. Earnings are expected on May 2nd.
Published first on TheFly
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