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.
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