Someone just paid 112 million dollars for


a call option on $SBUX stock.
This is not a series of small trades.
It is a single enormous options contract.
Giving the right to buy at a strike price of 75 dollars, expiring on June 18.
The stock is currently trading at 106.67 dollars.
They bought 35,341 contracts at once.
The open interest for that strike price is only 69 contracts.
This is a completely new position and it is very large.
The trading volume ratio to open interest is over 512 times.
A trader just made a huge bet that SBUX will go much, much higher in the next 32 days.
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