HomeLifestyleFood & BeverageBearish On BBY & Bullish On NFLX, SBUX

Bearish On BBY & Bullish On NFLX, SBUX

Best Buy (BBY) stock price was down over 15% in the last five days. What will happen to the BBY share price moving forward as less consumers are buying electronics? Tom White discusses an example put option trade with a bearish outlook on BBY. Netflix (NFLX) stock price is trading 70% below all-time highs. Could ad-based revenue help the company? Finally, Starbucks (SBUX) is shutting down operations in Russia. SBUX stock price is down over 37% year-to-date. White discusses an example long call option strategy on SBUX with a bullish outlook.

Market On Close

23 May 2022

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