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.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CPRI:
- Capri Holdings downgraded to Neutral from Buy at Citi
- M&A News: Tapestry’s (NYSE:TPR) Merger with Capri Comes Under Fire
- Tapestry says ‘working expeditiously’ to close Capri Holdings deal in 2024
- Closing Bell Movers: Expedia rallies 10% on earnings beat
- Capri Holdings reports Q1 EPS 4c, consensus 59c