Starbucks (NASDAQ: SBUX) is recently down 69 cents to $27 in pre-open trading.
- Banc of America says: "Lowering rating to Sell as Inflection point on slower growth ahead."
- SBUX over all option implied volatility of 29 is near its 26-week average of 27 according to Track Data, suggesting non-directional price fluctuations.
Volatility Index S&P 500 Options-VIX at 17.62; 10-day moving average is 21.15.
Volatility Index NASDAQ 100-VXN at 20.59; 10-day moving average is 23.38.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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