Weekly 6 strike calls see heavy action in FarFetch. Shares up 15c, or 2.6%, this morning near $5.91 with nearly 10k calls trading in the first 20 minutes, vs 23 puts, and buyers focused on 6 strike calls expiring over the next two weeks. Bulk of the flow hit just after 9:43am ET when a buyer paid 29c to 31c for nearly 6k 6/23 6 strike calls to open a new position. Nearly 2k 6/16 6 calls traded a few minutes later from 18 to 21c as shares lifted from 5.92 to 5.97.
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Published first on TheFly
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