$60 profit in SBUX
- themoneyloaf
- Mar 26
- 2 min read
Updated: 3 days ago
Happy Sunday!
Winning trades have been a little slow of late with the on and off volatility thanks to geopolitics, but one trade did come good in one of my favorite stocks, SBUX.
This week:
$60 profit in Starbucks (SBUX)
$60 profit in SBUX
Towards the beginning of March when the volatility was starting, I wanted to ease into a position that wouldn't require too much capital, and SBUX fit the bill.
I sold the $85 cash-secured put expiring on Apr 17 for $110, which means I'm promising to buy 100 shares of SBUX if it's below $85 on Apr 17. So I'm only allocating $8,500 in capital total.
In just about a week the trade closed, locking in $60 in realized profit or roughly 55% of max profit.
I talked about SBUX being a favorite in my portfolio, and this is 3 wins from 3 trades in 2026 with $343 realized profit so far.
Over the last 3 years from 2023 to 2025, there have been 47 wins from 47 trades bringing in a total realized profit of $6,082, which helps to continually lower the average cost of my SBUX long term holdings.
This trade (and all trades in this newsletter) are shared in close-to real time to my private community as updates in my own portfolio (not recommendations). If you're familiar with the basic mechanics of options, you can consider joining the private community to view these updates as well.
And of course the guidance for managing and closing both trades were posted to the community as well.
You can find out more about my private community at the link below.
Closing thoughts & useful links
The S&P has slid nearly 5% over the last 4 weeks, but the VIX hasn't even crossed 30 this year.
For comparison, it jumped as high as 45.31 last year during the tariff volatility, so for whatever reason markets feel calmer about what's going on now than a year ago.
Have a good weekend!
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This article is for educational purposes only. This is my own portfolio which is being managed according to my goals and risk tolerance. Your situation is likely different and you should do your own due diligence before investing in stocks or options.
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