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Capri Holdings call volume above normal and directionally bullish

Bullish option flow detected in Capri Holdings with 9,254 calls trading, 5x expected, and implied vol increasing almost 7 points to 24.95%. Oct-23 55 calls and Oct-23 52.5 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.21. Earnings are expected on November 9th.

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