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Capri Holdings call volume above normal and directionally bullish

Bullish option flow detected in Capri Holdings with 4,326 calls trading, 6x expected, and implied vol increasing over 1 point to 18.25%. Oct-23 52.5 calls and Oct-23 52.5 puts are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.67. Earnings are expected on November 9th.

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