Bucket 2 Trade Idea: SBUX

Note the up-trending channel in Starbucks (SBUX) since 2009.  We are not at the top of it and are slowing down.  At the very least one would expect a pullback to the low $40s or below for a little mean-reverting trade. 

We may sell far out of the money calls at the beginnig of the new year or short the stock outright. 

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