Starbucks (NASDAQ:SBUX) is arguably one of the strongest companies in the consumer goods sector, and the future looks bright for the coffee Goliath thanks to its unparalleled brand recognition and multiple growth venues. For investors looking to buy Starbucks stock at cheaper prices, put selling could be a smarter way to go than simply waiting for a pullback.
The following slideshow explains how put selling works, and why Starbucks is a great candidate for such strategy.
Andrés Cardenal has no position in any stocks mentioned. The Motley Fool owns and recommends Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.