Closed SBUX -3.6%

I've closed my SBUX bull put spread (p22.5/-p24) with the stock down 3.6% from my entry point and for a loss of 61.3% on the vertical spread.

The loss would have been 1.6% on the stock had I sold on the Dec. 30 pps bear signal, which lacked confirmation at the time from the stochastic and macd.

I held the position for 25 calendar days.

Topics: Starbucks, coffee