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Starbucks call volume above normal and directionally bullish

Bullish option flow detected in Starbucks with 20,439 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 20.81%. Mar-24 91 calls and Apr-24 100 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.30. Earnings are expected on April 30th.

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