The Latest Breaking News from Starbucks

A whale with a lot of money to spend has taken a noticeably bearish stance on Starbucks. Looking at options history for Starbucks (NASDAQ:SBUX) we detected 13 strange trades.

Starbucks Corp (NASDAQ:SBUX) is reopening its stores in China after a resurgence in the COVID-19 cases prompted the closure of business activities in the country, Bloomberg reported. The coffeehouse chain has reopened 600 out of its 940 stores. The report added that the company plans to offer only online orders but will…

Someone with a lot of money to spend has taken a bearish stance on Starbucks (NASDAQ:SBUX). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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