4000 RACE Nov 50 Dec 55 call spreads traded for a 2.25 credit.?
Shares of Ferrari NV. (RACE) are up .63 to 53.30 today. RACE is near the middle of the 52 week range.
- Paper traded 4000 RACE Nov 50 Dec 55 call spreads for 2.25 credit.?
- The ADV is 605 contracts.?
- The OI is 4137 and 141 contracts.
The volume went up on the AMEX marked spread.? This the classic house money roll by a savvy trader.? The trade bought the Nov 50s for 1.2 in late July and is close for near 4x the price and rolling to the Santa Clause Dec 55 calls.? The trader is looking for 60 or so and new ATH.
- IV 30 is trading 31%.?
- HV10 is trading for 25%.?
- IV 30 is at the HV 10.
Ferrrari NV, known as Ferrari, is an Italy-based designer, manufacturer and retailer of sports cars that is incorporated in the Netherlands. It operates under the Ferrari brand. Its sports cars portfolio includes, among others, F12berlinetta, FF, Ferrari 488 GTB, 488 Spider, 458 Speciale, Ferrari California T, F12tdf and LaFerrari.