RACE Unusual Options Activity - Ferrari N.V. Common Shares

AI summary

On March 20, 2026, unusual options activity was noted in Ferrari N.V. (RACE), with a significant print involving a put option. A single transaction was recorded for the April 17, 2026, expiration, where a put option at the 400 strike was executed with a premium of approximately $11.87 million. This transaction reflects a notable volume-to-open interest ratio of 6.5, indicating a substantial interest in this particular option relative to its existing open positions. Over the past 30 days, RACE has seen three active days in options trading, suggesting a period of heightened interest or volatility. The absence of call premiums in this instance emphasizes the focus on bearish sentiment within this specific trade. Overall, the activity highlights a significant commitment to the put side of the options market for RACE at this strike and expiration.

AI-generated summary