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Capri Holdings call volume above normal and directionally bullish

Bullish option flow detected in Capri Holdings with 8,321 calls trading, 1.2x expected, and implied vol increasing over 2 points to 123.69%. Jan-25 57.5 calls and Oct-24 50 calls are the most active options, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 0.35. Earnings are expected on November 7th.

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