$RACE Ferrari Unusual Options Activity - $45M Earnings Bet
$RACE earnings coming up early May
$45M of May 17th calls traded today deep in-the-money (13k conracts varying strikes vs 3,500 OI)
Will confirm positions in open interest tomorrow
Assuming a solid beat in May, we could see a push for new all time highs early summer
Medium term target - $165 by August
Note - Informational, not investment advice
$45M of May 17th calls traded today deep in-the-money (13k conracts varying strikes vs 3,500 OI)
Will confirm positions in open interest tomorrow
Assuming a solid beat in May, we could see a push for new all time highs early summer
Medium term target - $165 by August
Note - Informational, not investment advice