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Capri Holdings call volume above normal and directionally bullish

Bullish option flow detected in Capri Holdings with 5,745 calls trading, 2x expected, and implied vol increasing over 22 points to 60.18%. Jun-24 35 calls and Jun-24 33.5 puts are the most active options, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 0.24. Earnings are expected on May 29th.

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