Options bettors expect some fireworks from Starbucks

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Options investors are placing bets in front of Starbucks (SBUX -0.7%) presentation at the UBS Global Consumer & Retail Conference on March 9 at 1:00 pm ET.

SBUX call volume for contracts expiring at the end of the week topped 31K, more than double the 20-day average, according to Bloomberg. Only 6.6K puts swapped hands.

McDonald's threw a bit of shade at Starbucks last week, when it highlighted its coffee push and pricing. Expect Starbucks to deliver something interesting on Thursday.

Subscribe for full text news in your inbox