Starbucks (SBUX) overall volatility flat at 31 as shares trade off of record high

Starbucks (Nasdaq: SBUX) is recently down $2.81 to $57.85 in the premarket. Citigroup say’s “Posts low quality F’2Q beat, but solid outlook.” Overall option implied volatility of 31 is near its 26-week average according Track Data, suggesting non-directional price movement.

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