Starbucks (SBUX) Options Chain

NASDAQ: SBUXConsumer DiscretionaryRestaurantsUSD

90.75-2.46 (-2.64%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $90.75
Put/call ratio (OI): 1.19
Put/call ratio (volume): 0.50
ATM implied volatility: 34.3%
Expected move: ±$35.29
Open interest (C / P): 24.80K / 29.58K

SBUX options summary

The SBUX options chain for the January 21, 2028 expiration lists 24 call and 23 put contracts, with 468 days until expiration. Open interest stands at 24,796 calls and 29,576 puts, a put/call ratio of 1.19, which is fairly balanced between calls and puts. At-the-money implied volatility near the $90.00 strike is 34.3%, which implies the market expects a move of about ±$35.29 (38.9%) in Starbucks stock by expiration.

The most open interest sits at the $115.00 call (6.08K contracts) and the $60.00 put (6.44K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

SBUX options chain · January 21, 2028

SBUX calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
155	1	58.5%	46.64	46.00	48.80	45.00	0.27	0.82	0.62	40.8%	1	230
179	1	55.3%	49.35	40.00	44.50	50.00	0.63	0.90	0.98	36.3%	4	972
210	2	51.0%	42.85	35.50	40.00	55.00	0.90	1.25	0.91	34.2%	3	1,197
586	44	45.4%	34.51	31.50	35.20	60.00	1.54	2.00	1.78	33.8%	20	6,439
39	5	46.1%	31.00	27.50	32.00	65.00	2.08	2.79	2.70	32.5%	2	1,520
639	5	44.8%	27.25	23.50	28.50	70.00	3.10	3.75	3.65	31.1%	36	5,879
82	2	43.0%	23.70	20.50	25.00	75.00	3.85	6.00	4.70	33.1%	1	1,359
1,487	1	39.8%	19.98	18.30	21.20	80.00	5.05	7.90	6.25	32.8%	14	1,130
359	7	37.1%	17.65	16.30	17.70	85.00	6.40	10.50	8.15	33.4%	128	5,826
870	5	35.8%	14.90	12.95	14.90	90.00	8.50	13.00	10.50	32.9%	11	1,322
SBUX $90.75
4,098	13	34.6%	12.05	10.90	12.40	95.00	11.00	14.80	13.05	30.1%	9	391
532	18	37.6%	10.45	10.00	11.90	100.00	14.00	19.00	15.95	32.4%	3	606
652	270	35.9%	8.75	8.10	9.65	105.00	17.25	21.65	17.61	30.4%	2	1,538
700	6	33.1%	7.45	6.00	7.20	110.00	20.50	25.30	18.50	30.1%	1	493
6,079	25	33.1%	5.85	5.50	6.10	115.00	25.95	28.15	27.10	27.0%	2	562
972	18	32.7%	5.10	3.70	5.00	120.00	28.50	33.50	24.45	30.6%	10	61
1,405	12	35.5%	4.20	3.55	5.15	125.00	33.00	38.00	24.56	31.4%	1	32
1,416	4	36.0%	3.50	2.60	4.55	130.00	37.50	40.55	31.97	24.2%	1	16
2,155	7	34.3%	2.20	2.21	3.40	135.00	—	—	—	—	—	—
194	2	34.1%	2.00	1.72	2.82	140.00	47.00	50.05	46.40	24.7%	1	2
256	1	33.7%	2.05	0.56	2.30	145.00	48.00	52.00	51.00	—	—	1
678	2	32.4%	1.65	1.14	1.67	150.00	57.00	61.50	45.75	35.2%	2	0
171	19	32.2%	1.28	0.96	1.36	155.00	0.00	0.00	55.00	—	5	0
882	53	33.2%	1.15	1.06	1.29	160.00	0.00	0.00	54.30	—	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the SBUX put/call ratio?

For the January 21, 2028 expiration, the SBUX put/call ratio based on open interest is 1.19 (29,576 puts vs 24,796 calls), and 0.50 based on today's volume. A ratio above 1 means more puts than calls.

What is SBUX's implied volatility?

At-the-money implied volatility for SBUX options expiring January 21, 2028 is about 34.3%, an annualized estimate of how much the market expects Starbucks stock to move.

How many SBUX option expiration dates are there?

SBUX has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.