SBUX Expected Move Calculator

Calculate the expected price range for Starbucks Corp. (SBUX) based on implied volatility and time to expiration.

SBUXConsumer DiscretionaryModerate IV (typically 25-45%)

Starbucks options have moderate IV that rises around earnings on same-store sales in China and US comparable growth data.

Options premiums are fairly priced. Expected moves align with historical norms. This is the most common regime for large-cap stocks.

SBUX$106.95+0.54%52-week: $77.99 – $108.88

Quote refreshes every 6h. Use as context — not a real-time price.

Upcoming EarningsJuly 20, 2026 (in 61 days) · After market close

IV typically expands into earnings and crushes on the report. Plan your position size and expiration accordingly.

Enter stock price, implied volatility, and days to expiration, then click Calculate expected move to see the expected price range.

For educational purposes only. Not financial advice. Read full disclaimer

Trading SBUX Options & Expected Move

Starbucks' expected move into earnings has expanded as US traffic trends and China same-store sales have produced larger surprises than the prior decade of steady comps. Beverage innovation, mobile order growth, and union-related labor-cost commentary are secondary drivers. Options liquidity is good in monthlies and reasonable in weeklies. Traders often pair SBUX with MCD or other consumer-discretionary names for relative-value plays. Skew tilts modestly to puts during traffic-weakness episodes. Activist involvement has periodically produced non-earnings moves outside the implied range. When sizing trades, watch for investor-day or strategy-update events, which have historically generated multi-percent drifts. The realized move on Starbucks has occasionally exceeded implied during inflection-point quarters where guidance was reset.

Recent SBUX Earnings History

Last 4 quarters of EPS estimate vs actual.

Recent SBUX quarterly EPS estimate versus actual, with surprise percent.
QuarterEstimateActualSurprise
Q2 2026$0.44$0.50Beat +14.18%
Q1 2026$0.60$0.56Miss -6.32%
Q4 2025$0.57$0.52Miss -9.46%
Q3 2025$0.66$0.61Miss -7.80%

EPS values from Finnhub. Refreshes daily.

Expected Move Formula

Expected Move = Price × IV × √(DTE / 365)

1σ Range: Price ± Expected Move (≈68% probability)

2σ Range: Price ± 2 × Expected Move (≈95% probability)

How to Use This Calculator for SBUX

  1. Enter SBUX's current stock price — check your broker or a financial data site for the latest quote.
  2. Enter the implied volatility — use the at-the-money IV for the expiration you're targeting. Your broker's option chain will show this.
  3. Enter days to expiration — the number of calendar days until the options expire.
  4. Click Calculate — see the 1σ and 2σ expected ranges for SBUX.
  5. Apply to your trade — use the ranges to select strikes, evaluate iron condors, or decide if options premiums are fairly priced.

Frequently Asked Questions

What is the expected move for SBUX?
The expected move for SBUX (Starbucks Corp.) is the price range the market expects the stock to stay within over a given period, based on its current implied volatility. Enter the stock price, IV, and days to expiration above to calculate it.
How is SBUX's expected move calculated?
Expected Move = Stock Price × IV × √(DTE / 365). The 1 standard deviation range covers approximately 68% probability, and the 2 standard deviation range covers approximately 95%.
What does SBUX's implied volatility tell me?
SBUX's IV reflects the market's consensus on how much the stock will move. Higher IV means options are more expensive and the expected range is wider. IV often rises before earnings and falls after (vol crush).
Should I buy or sell options on SBUX?
That depends on whether IV is elevated or depressed relative to historical levels. When IV is high, selling strategies (covered calls, iron condors) can be more profitable. When IV is low, buying options is cheaper. This calculator helps you understand the expected range before deciding.
How accurate is the expected move?
The expected move is a statistical estimate, not a guarantee. Historically, stocks stay within the 1σ expected range about 68% of the time and within the 2σ range about 95% of the time. Earnings announcements, news events, and market crashes can cause moves well beyond the expected range.