PLAYERS SCRAMBLE TO ADD EXPOSURE IN FB AHEAD OF EARNINGS

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It was just a normal session in FB on Friday .. Overall activity was actually on the lighter side for most of the day, with no real trace of any “notable” sweeper activity.. That was up until 3:40, 20 minutes left to the closing bell .. that is when a couple of aggressive orders (shown below) strolled in as a headline regarding a fine hit the wires 👇🏻

That set off a ridiculous buying spree in FB calls, a non stop pace, all the way up & thru the closing bell 👇🏻

Further evidence of hedge fund money chasing late in the market rally here for exposure into earnings season .. When it was all said & done, here’s what the damage looked like off that wave of call sweepers late Friday afternoon 👇🏻