Bullish option flow detected in Tapestry (TPR) with 6,036 calls trading, 1.9x expected, and implied vol increasing almost 2 points to 52.53%. May-25 68 calls and May-25 67.5 puts are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.15. Earnings are expected on May 8th.
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Read More on TPR:
- Tapestry price target lowered to $85 from $100 at Wells Fargo
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- Tapestry price target lowered to $84 from $98 at Goldman Sachs
- Tapestry price target lowered to $81 from $95 at Citi
- Tapestry upgraded to Positive from Mixed view at BWG Global
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