Geopolitics Alpha

Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant

Published . Updated .

Mike Khouw breaks down how he's trading Starbucks through options.

Directly affected

  • SBUX Starbucks

    Named in this report.

Indirectly affected

  • BCX BLACKROCK RES & COMMODITIES ST SHS

    GA selected BCX as a RELATED security because its canonical security name directly matches this event's themes: commodities. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • BIOX BIOCERES CROP SO

    GA selected BIOX as a RELATED security because its canonical security name directly matches this event's themes: crop. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • OFRM ONCE UPON A FARM PBC

    GA selected OFRM as a RELATED security because its canonical security name directly matches this event's themes: farm. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • PFAI PINNACLE FOOD GROUP LTD

    GA selected PFAI as a RELATED security because its canonical security name directly matches this event's themes: food. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • PFGC PERFORMANCE FOOD GROUP CO

    GA selected PFGC as a RELATED security because its canonical security name directly matches this event's themes: food. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

  • WFCF WHERE FOOD COMES FROM INC

    GA selected WFCF as a RELATED security because its canonical security name directly matches this event's themes: food. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
SBUX———————
BCX———————
BIOX———————
OFRM———————
PFAI———————
PFGC———————
WFCF———————

Mike Khouw breaks down how he's trading Starbucks through options.

Source: CNBC Top

The price since 5 Oct 2026: Starbucks (SBUX) versus the S&P 500

Since the first closing price after “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant,” Starbucks (SBUX) is +1.82%. The S&P 500 fund (SPY) is -1.60% over the same days, a +3.43% difference versus the market.

SBUX
SPY

Official trades in Starbucks (SBUX) around 5 Oct 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

The Taiwan Strait count beside this story

Taiwan Strait has 49 linked stories in the last 7 days and 49 in the last 30 on the page that also carries “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant.” The recent pace is rising.

Who gains and who pays if Taiwan Strait stays in the story

Companies tied to this story

  • SBUX Starbucks

    For “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant,” Starbucks (SBUX) is linked, with no stored direction, high confidence. Reason on file: The reported development directly names STARBUCKS CORP in the headline; GA resolved that company to SBUX

  • BCX BlackRock Resources & Commodities Strategy Trust

    For “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant,” BlackRock Resources & Commodities Strategy Trust (BCX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BCX as a RELATED security because its canonical security name directly matches this event's themes: commodities. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BIOX Bioceres Crop Solutions

    Bioceres Crop Solutions (BIOX) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant.” Reason on file: GA selected BIOX as a RELATED security because its canonical security name directly matches this event's themes: crop. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • OFRM Once Upon a Farm, PBC

    For “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant,” Once Upon a Farm, PBC (OFRM) is linked, with no stored direction, medium confidence. Reason on file: GA selected OFRM as a RELATED security because its canonical security name directly matches this event's themes: farm. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PFAI Pinnacle Food Group

    Pinnacle Food Group (PFAI) is linked, with no stored direction, medium confidence in the 5 Oct 2026 story “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant.” Reason on file: GA selected PFAI as a RELATED security because its canonical security name directly matches this event's themes: food. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • PFGC Performance Food Group

    In “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant,” Performance Food Group (PFGC) is linked, with no stored direction, medium confidence. Reason on file: GA selected PFGC as a RELATED security because its canonical security name directly matches this event's themes: food. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • WFCF Where Food Comes From

    In “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant,” Where Food Comes From (WFCF) is linked, with no stored direction, medium confidence. Reason on file: GA selected WFCF as a RELATED security because its canonical security name directly matches this event's themes: food. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How a Taiwan Strait shock reaches Starbucks (SBUX)

Starbucks (SBUX) is the company in “Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant,” the 5 Oct 2026 Taiwan Strait story.

Starbucks (SBUX) is on the page because The reported development directly names STARBUCKS CORP in the headline; GA resolved that company to SBUX

Also listed, BlackRock Resources & Commodities Strategy Trust (BCX): GA selected BCX as a RELATED security because its canonical security name directly matches this event's themes: commodities. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Starbucks (SBUX), and the dates in the story

BCX traded between 11.71 and 12.38 across 20 sessions. The latest close on file is 12.19. BIOX traded between 0.25 and 0.39 across 20 sessions. The latest close on file is 0.26. SBUX traded between 87.35 and 98.40 across 20 sessions. The latest close on file is 97.87.

What the saved facts support for Starbucks (SBUX)

46 out of 100

“Starbucks recovery plan is working. Here's how Mike Khouw says to trade the coffee giant” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.