Starbucks Corporation
Long
Updated

Buy 62.5/61 call, sell 63.5/64.5 call at 0.55 c

44
I expect good Q3, but should not go over 63 after earnings. Risk reward 2:1 for 60% chance. Got to take it!
Note
I am buying only 50% of my target position. I may buy more if SBUX reverses before ER.
Note
closing on target

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