FarFetch (FTCH) spread sees January $12.50/$17.50 call spreads bought 3750X as the 11 calls adjust up with the stock breaking out of monthly value area today and nearing its YTD VWAP level of 12.20. A move through there likely accelerates a breakout to 14.25 and with space up to the 200 EMA near 16. FTCH has been beaten up this year but bottoming nicely since the July double bottom lows and now back above the 21 week EMA. The $4.4B global platform for the luxury fashion industry has a higher 8% short float as well so can see larger moves.