Starbucks Stock Today: Trade This Bear Call Spread, Earn $55 Right Away

Starbucks (SBUX) stock sank through the 21-day exponential moving average on Tuesday with the stock dropping nearly 3% on the day. It also undercut the 50-day line. It seems unlikely that Starbucks stock will retest the 95 level any time soon and a bear call spread would be one way to express that view using options. Starbucks Stock Trade This…