Bearish flow noted in Farfetch Limited with 4,668 puts trading, or 2x expected. Most active are 2/10 weekly 6.5 puts and 2/10 weekly 6 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 1.70, while ATM IV is up over 2 points on the day. Earnings are expected on February 23rd.
Published first on TheFly
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