$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