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Farfetch Limited put volume heavy and directionally bearish
The Fly

Farfetch Limited put volume heavy and directionally bearish

Bearish flow noted in Farfetch Limited with 5,309 puts trading, or 2.0x expected. Most active are Aug-23 5 puts and Jan-25 10 calls, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on August 17th.

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