Bullish option flow detected in Tapestry with 3,392 calls trading, 1.9x expected, and implied vol increasing almost 4 points to 32.18%. Jan-26 45 calls and Nov-24 37.5 puts are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.17. Earnings are expected on November 7th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TPR:
- Early notable gainers among liquid option names on August 16th
- Tapestry price target lowered to $50 from $52 at Wells Fargo
- Tapestry price target lowered to $51 from $54 at JPMorgan
- Morning Movers: Walmart jumps following Q2 results
- Options Volatility and Implied Earnings Moves Today, August 15, 2024