Behind the Scenes of Capri Holdings's Latest Options Trends

Benzinga's options scanner just detected over 8 options trades for Capri Holdings CPRI summing a total amount of $1,931,500.

At the same time, our algo caught 4 for a total amount of 1,812,600.

Latest Startup Investment Opportunities:

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $25.0 to $50.0 for Capri Holdings over the recent three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of Capri Holdings stands at 12505.88, with a total volume reaching 4,091.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Capri Holdings, situated within the strike price corridor from $25.0 to $50.0, throughout the last 30 days.

Capri Holdings Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
CPRI PUT TRADE BULLISH 01/17/25 $5.9 $5.4 $5.55 $30.00 $1.6M 30.2K 3.0K
CPRI PUT SWEEP BULLISH 01/17/25 $3.6 $3.2 $3.2 $25.00 $80.0K 46.1K 260
CPRI CALL TRADE BEARISH 11/15/24 $9.0 $7.8 $7.8 $35.00 $78.0K 355 2
CPRI CALL TRADE BULLISH 10/18/24 $5.7 $4.3 $5.5 $35.00 $55.0K 2.5K 100
CPRI PUT TRADE BULLISH 01/17/25 $18.1 $16.2 $16.8 $50.00 $42.0K 19.6K 25

About Capri Holdings

Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 700 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.

Capri Holdings's Current Market Status

  • With a volume of 1,645,997, the price of CPRI is up 2.73% at $33.91.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 78 days.

What Analysts Are Saying About Capri Holdings

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $40.5.

  • An analyst from UBS persists with their Neutral rating on Capri Holdings, maintaining a target price of $39.
  • An analyst from Wells Fargo persists with their Overweight rating on Capri Holdings, maintaining a target price of $42.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Capri Holdings options trades with real-time alerts from Benzinga Pro.

CPRI Logo
CPRICapri Holdings Ltd
$17.000.29%

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Edge Rankings
Momentum
12.73
Growth
10.54
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Value
18.30
Price Trend
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