Trade of the Week: SBUX

Blue Chip Stocks, Dividend Investing

Retails stocks have seen a lot of options action lately including Starbucks (SBUX).  The coffee giant normally trades about 55,000 options a day, but saw nearly double that on a day last week when the stock was up about 2%. Over 80% of the action was in calls, which tends to be a bullish sign.  The biggest trade of the day was a covered call involving 150,000 purchased shares and 1,500 calls sold.  The calls were sold at the 120 strike in January for $1.85 per contact with the stock trading around $113.

26 Places to Find "Extra Cash" in the Next 30 Days

Finding extra money lying around your home is a glorious feeling. The following tips I've gathered over the years. Some I've used personaly, others are ones shared by friends. Let's do this. Click here