Capri Holdings CPRI Stock & Option Trade Ideas

Based on the technical data for CPRI, it is currently in a bearish trend.

Here are potential stock and option trading strategies for CPRI in the coming days:

Stock Trading Strategy:

Given the bearish trend, a stock trader might consider the following:

• Sell short: A stock trader could consider selling short CPRI shares, anticipating further downward movement in the stock price.
• Stop-loss order: Implement a stop-loss order to limit potential losses in case the stock price reverses unexpectedly.

Option Trading Strategy:

For option traders, the following strategies could be considered:

• Bearish put spread: Buy a put option with a lower strike price and simultaneously sell a put option with a higher strike price. This strategy profits from a decrease in the stock price.
• Long put: Purchase a put option to profit from a potential decline in CPRI’s stock price with limited risk.
• Short call: Sell a call option if you believe CPRI’s stock price will not rise significantly, allowing you to collect the premium.