Bearish flow noted in Capri Holdings (CPRI) with 12,614 puts trading, or 2x expected. Most active are Jan-25 20 puts and Jan-25 25 puts, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 2.84, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 7th.
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