Capri Holdings Options Surge: Understanding the Dynamics

Capri Holdings Options Surge: Understanding the Dynamics

Financial giants have made a notable bearish move regarding Capri Holdings. An intriguing look into options history for Capri Holdings (NYSE: CPRI) reveals a series of unusual trades that could impact future pricing and investor sentiment.

Upon thoroughly analyzing recent trading activities, it became clear that a mere 12% of traders leaning toward a bullish view, while a dominating 75% exhibited bearish tendencies. Out of the notable trades identified, 3 were puts valued at $167,620 and 5 were calls, which held a collective value of $1,503,633.

What's The Price Target?

From our analysis, significant investors appear to be eyeing a price target range for Capri Holdings between $30.0 to $55.0 in the upcoming months. This observation reflects traders' expectations in the dynamically fluctuating market in which Capri operates.

Insights into Volume & Open Interest

Understandably, analyzing volume and open interest serves as a vital aspect of studying stock options. These metrics help investors gauge liquidity rates and interest levels regarding Capri Holdings' options at various strike prices. Below, we delve into a detailed snapshot of volume and open interest pertaining to calls and puts for Capri Holdings, particularly focusing on major trades within the $30.0 to $55.0 range over the past month.

Capri Holdings Call and Put Volume: 30-Day Overview

The recent trading environment surrounding Capri Holdings has been vibrant, indicating fluctuating interest levels among investors. In the preceding thirty days, there's been a significant surge in options trading, underlining the market's current sentiment.

Largest Options Trades Observed:

Even more intriguing are the options trades that have confirmed the market's clarion call, expressing bullish and bearish sentiments on Capri Holdings. Here’s a detailed look at some of the largest trades:

Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume

CPRI | CALL | TRADE | NEUTRAL | 01/17/25 | $1.1 | $0.9 | $1.0 | $55.00 | $682.5K | 25.9K | 7.9K

CPRI | CALL | TRADE | BEARISH | 01/17/25 | $1.05 | $1.0 | $1.0 | $55.00 | $682.4K | 25.9K | 7.9K

CPRI | PUT | TRADE | BEARISH | 11/15/24 | $7.7 | $7.2 | $7.55 | $40.00 | $75.5K | 1.9K | 155

CPRI | CALL | SWEEP | BEARISH | 01/17/25 | $1.1 | $1.05 | $1.05 | $55.00 | $67.3K | 25.9K | 774

CPRI | PUT | SWEEP | BEARISH | 10/18/24 | $1.35 | $0.75 | $1.3 | $30.00 | $55.1K | 3.5K | 464

About Capri Holdings

Capri Holdings is an esteemed marketer and distributor known for housing iconic luxury brands such as Michael Kors, Versace, and Jimmy Choo. The largest amongst them, Michael Kors, provides a wide selection of handbags, footwear, and apparel across over 700 company-operated stores, various wholesale outlets, and online platforms. Versace, recognized for its exquisite luxury fashion, and Jimmy Choo, famed for opulent women's footwear, round out Capri's impressive portfolio, honing a refined image in the luxury market. John Idol has been at the helm as CEO since 2003.

With the present options history as a backdrop, it becomes crucial to shift focus toward Capri Holdings' market performance. There lies an opportunity to delve deeper into how the company is currently situated in the marketplace.

Present Market Standing of Capri Holdings

• Currently, the trading volume stands at 1,006,827, with CPRI's stock price at a delicate peak of $42.15, reflecting an increase of 0.02%.
• RSI indicators suggest the stock may be approaching an overbought status, prompting cautious monitoring.
• An earnings announcement is anticipated in the near horizon, specifically within the next 36 days.

What The Experts Say On Capri Holdings

Recent analyses from one market expert provide insight into the sentiment surrounding this stock, establishing a consensus target price set at $41.0. As changes on Wall Street influence trading, some analysts have adjusted outlooks accordingly.

Traders seeking to convert their investments efficiently understand the inherent risks of trading options while capitalizing on potential high returns. The pursuit of knowledge, strategic adjustments in trading, and vigilance towards market fluctuations comprise a tangible method for navigating these risks. By engaging with current options trades and strategies, traders can remain informed and agile in the face of market changes.

Frequently Asked Questions

What is the recent trading activity for Capri Holdings?

Recent options trading for Capri Holdings has shown significant bearish activity with a substantial amount of put options being traded.

What are the price targets for Capri Holdings?

Investors are targeting a price range between $30.0 and $55.0 for Capri Holdings in the forthcoming months.

How is Capri Holdings performing in the market?

The current market performance indicates a trading volume of over a million shares, with slight price movements reflecting market interest.

What brands are part of Capri Holdings?

Capri Holdings comprises renowned brands including Michael Kors, Versace, and Jimmy Choo, offering a range of luxury products.

What expert opinions exist on Capri Holdings?

Market experts have a consensus price target set at $41.0, with adjustments made by analysts based on recent trading trends.

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Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.