What is the current CPRI ATM implied volatility?

As of May 15, 2026, Capri Holdings Limited (CPRI) at-the-money implied volatility is 74.8%. IV rank is 13.6% on a 0-100% scale anchored to the 1-year IV range. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.

Is CPRI IV high or low historically?

IV is subdued relative to its 1-year history, conditions that typically favor premium-buying strategies (long calls, long puts, debit spreads, calendar spreads).

What does CPRI volatility skew tell options traders?

Volatility skew is the pattern by which IV varies across strikes for a given expiration. Capri Holdings Limited skew is roughly flat across the 25-delta wings. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.

Capri Holdings Limited (CPRI) Volatility Skew

Implied volatility skew shows how IV varies across strike prices for a given expiration. Steeper skews indicate higher demand for downside protection relative to upside speculation.

Capri Holdings Limited (CPRI) operates in the Consumer Cyclical sector, specifically the Luxury Goods industry, with a market capitalization near $2.05B, listed on NYSE, employing roughly 10,200 people, carrying a beta of 1.43 to the broader market. Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. Led by John D. Idol, public since 2011-12-15.

Snapshot as of May 15, 2026.

Spot Price: $17.23
ATM IV: 74.8%
IV Skew 25Δ: 0.002
IV Rank: 13.6%
IV Percentile: 96.4%
Term Structure Slope: -0.092

As of May 15, 2026, Capri Holdings Limited (CPRI) at-the-money implied volatility is 74.8%. IV rank is 13.6% (where 0% is the 52-week low and 100% is the 52-week high). IV percentile is 96.4%. The 25-delta skew is +0.002: skew is roughly flat across the 25-delta wings. High IV rank typically favors premium-selling strategies; low IV rank favors premium-buying.

CPRI Strategy Selection at Current Volatility Levels

For Capri Holdings Limited options at 74.8% ATM IV, low IV rank (13.6%) favors premium-buying or long-vol structures: long calls or puts, debit spreads, calendar spreads, long straddles. The risk: low-rank regimes can persist for months while time decay eats premium-buyers alive. Pair the vol-rank read with the dealer-gamma view and the upcoming-events calendar to confirm the strategy fits both the structural regime and the path-dependent risk. The variance risk premium - the persistent gap between implied and subsequently realized vol - is positive in equity markets on average; high IV rank typically reflects a stretch where the premium is wider than usual.

Learn how volatility skew is reported and how to read the data →

CPRI highest implied-volatility contracts

Type	Strike	Expiration	Volume	OI	IV	Bid	Ask
CALL	$22.50	Jun 18, 2026	13	34.5K	75.7%	$0.25	$0.35
CALL	$25.00	Jun 18, 2026	24	21.4K	77.0%	$0.10	$0.15

Top 2 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.

Frequently asked CPRI volatility skew questions

What is the current CPRI ATM implied volatility?: As of May 15, 2026, Capri Holdings Limited (CPRI) at-the-money implied volatility is 74.8%. IV rank is 13.6% on a 0-100% scale anchored to the 1-year IV range. ATM IV is the volatility input that makes a Black-Scholes-equivalent model reproduce the listed at-the-money option prices.
Is CPRI IV high or low historically?: IV is subdued relative to its 1-year history, conditions that typically favor premium-buying strategies (long calls, long puts, debit spreads, calendar spreads).
What does CPRI volatility skew tell options traders?: Volatility skew is the pattern by which IV varies across strikes for a given expiration. Capri Holdings Limited skew is roughly flat across the 25-delta wings. Skew matters for risk-defined strategy selection: when downside puts are rich, put-credit spreads capture more premium; when upside calls are rich, call-credit spreads or covered-call writes harvest more.