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Triple_Barrel_Capital

$RACE Ferrari Unusual Options Activity - $45M Earnings Bet

Long
Ferrari N.V. (NYSE:RACE)  
Triple_Barrel_Capital  
NYSE:RACE   Ferrari N.V.
Trend Analysis Chart Patterns RACE ferrari Bullish Patterns
4
0
trendanalysis chartpattern race ferrari bullish
$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





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