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Options Activity in Facebook (FB) Implies 'Increased Bullish Positioning' into September -Susquehanna

July 19, 2017 2:19 PM EDT

Susquehanna options strategist Alison Edwards notes increased bullish positioning recently in Facebook (NASDAQ: FB), as an investor sold 21k Sept 150/160 call spreads at $7.10, rolling up long calls for further upside exposure above $160. Sept options were active yesterday as well with size buyers of the Sept 175/200 & 180/200 call spreads

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