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.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPRI:
- Capri Holdings (CPRI) Q4 Earnings Cheat Sheet
- Tapestry ‘looks forward to presenting strong legal arguments’ for Capri deal
- Bloomberg survey shows Capri could fall to low $20s if buyout fails
- Capri Holdings price target lowered to $42 from $57 at Telsey Advisory
- Capri Holdings Contests FTC Block on Tapestry Merger