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Farfetch Limited call volume above normal and directionally bullish

Bullish option flow detected in Farfetch Limited with 12,544 calls trading, 1.9x expected, and implied vol increasing over 2 points to 76.99%. 3/10 weekly 5.5 calls and Jul-23 7 calls are the most active options, with total volume in those strikes near 9,500 contracts. The Put/Call Ratio is 0.08. Earnings are expected on May 25th.

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Published first on TheFly

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