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Sunday, June 19, 2022

Options trade : Starbucks (SBUX) bullish trade

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8/10/2021

sell -1 Sept 10, 2021 $112 put at $1.09

  • prob ITM 27%
  • SBUX = $116.38
  • oversold
  • 31 DTE


9/10/2021 (expiration)

SBUX = $119.34

my short put expired perfectly

PROFIT:  $109