Trade of the Day: Starbucks SBUX Put 1x2

On a relatively nice day for the stock, a trader places a bearish bet on the coffee giant that could pay off huge, while only risking 2 cents.

Courtesy: LivevolPro

Pros risk a small amount, use IV to their advantage, and stand to benefit in a major way if the trade works. The trade below is clearly a pro trade that could generate almost $800k in max profits. Take a look at how this trade is made after the (coffee) break.