Pre-earnings options volume in Capri Holdings is normal with calls leading puts 3:1. Implied volatility suggests the market is anticipating a move near 5.8%, or $1.97, after results are released. Median move over the past eight quarters is 4.6%.
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 call volume above normal and directionally bullish
- 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