By Dan Darrow

October 24, 2022

Intraday Update: SBUX

SBUX is getting dragged down along with Chinese names today, and the early drop below 85 is hitting the stop for the Nov18 $92.50 - $100 call spread. The ramp into the report play needs to be closed as the action begins to deteriorate.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication