Options trading in Starbucks Corp. (NASDAQ:SBUX) surged to 59,911 contracts by 1:50 p.m. New York time on Thursday, according to exchange data compiled by Bloomberg. Calls comprised the majority of the activity, with 51,590 contracts transacted, while puts totaled 8,321 contracts.
The most active single instrument was the June 12, 2026 $103 call, which recorded 40,844 contracts traded against an open interest of 262 contracts. That position accounted for the lion's share of the day’s volume in Starbucks options.
Another notable package was a July 10, 2026 put spread between the $99 and $97 strikes. The spread accounted for 1,204 contracts in total, consisting of 602 July 10, 2026 $97 puts with open interest of 846 contracts and 602 July 10, 2026 $99 puts with open interest of 859 contracts.
Additional activity included the July 24, 2026 $115 call, which saw 988 contracts change hands against an open interest of 51 contracts. Nearer-dated activity was also present: 981 contracts in the June 18, 2026 $103 call were traded with open interest recorded at 344 contracts, and 654 contracts in the June 12, 2026 $101 put traded against an open interest of 133 contracts.
Taken together, the figures show concentrated trading in a handful of strikes and expirations, spanning early June to late July 2026. The breakdown of calls versus puts indicates a heavy skew toward call buying or call-related strategies on the trading day in question.
At 14:23:41, real-time data showed the stock quoted at $101.86, up $3.10, or 3.13% on the day, in U.S. dollar terms.
Contextual note: The data cited above are drawn from exchange reporting compiled by Bloomberg and reflect transactions and open interest as stated for the specific strikes and expirations listed.