Hey all!
Fairly standard breakout trade for you all! $SBUX has been attempting to break this 117.3 level for a while, and with the way futures are looking, it looks like this week will finally give us our breakout.
A break of 117.3 will likely propel us up into the 120s, so I'll be taking some 12/17 120Cs for this trade!
Excited to see how this one plays out! I wont be entering a position until we break and hold 117.3. GLHF!
Fairly standard breakout trade for you all! $SBUX has been attempting to break this 117.3 level for a while, and with the way futures are looking, it looks like this week will finally give us our breakout.
A break of 117.3 will likely propel us up into the 120s, so I'll be taking some 12/17 120Cs for this trade!
Excited to see how this one plays out! I wont be entering a position until we break and hold 117.3. GLHF!