Starbucks Corp. (SBUX) opened at 22.11. So far today, the stock has hit a low of 21.94 and a high of 22.52. SBUX is now trading at 22.03, down 0.70 (-3.17%). The stock hit its 52 week high of 36.99 in December and set its 52 week low of 21.77 in November. SBUX has been slipping since December of last year. Starbucks shares have been dropping today after a Goldman Sachs analyst downgraded the stock "Neutral" from "Buy," citing declining sales and weak performance for the company. Technical indicators for the stock are bearish but slightly improving while S&P gives SBUX a very positive 5 STARS (out of 5) strong buy rating rating. If you’re looking for a hedged trade on this stock, consider a January bear-call credit spread above the $25 level. SBUX stock could rise up to 13.5% before expiration and this position would still be profitable. [RHF - Seven Summits Strategic Investments NewsBite]