Tapestry Inc (NYSE:TPR) stock was last seen up 12.8%  to trade at $57.81, leading the S&P 500 Index (SPX) today. The retail stock, which is behind luxury brands Coach, Kate Spade, as well as Stuart Weitzman, is enjoying the Federal Trade Commission's (FTC) blockage of rival Capri Holding's (CPRI) $8.5 billion merger deal. TPR now boasts an 86.7% year-over-year lead, and is trading at its highest level since November 2013. Better yet, TPR's peak comes amid low implied volatility (IV) -- a combination that us ...