Bullish option flow detected in Capri Holdings (CPRI) with 3,688 calls trading, 2x expected, and implied vol increasing almost 10 points to 51.91%. Jun-25 17.5 calls and 6/27 weekly 17.5 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.39. Earnings are expected on August 7th.
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Read More on CPRI:
- Capri Holdings Faces Financial Risks Amid Growth and Cost Challenges
- Capri Holdings price target raised to $20 from $17 at Telsey Advisory
- Capri Holdings price target lowered to $21 from $23 at BofA
- Capri Holdings price target raised to $18 from $14 at UBS
- Capri Holdings price target lowered to $18 from $19 at JPMorgan
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