The most common and most likely answer to this crossword clue is the 10 letter word FANTASIZES
I've seen this crossword clue in The Daily Telegraph
F
A
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Buddy explains!

The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does FANTASIZES mean?
FANTASIZES verb- To indulge in fantasy; to imagine things only possible in fantasy.
- To portray in the mind, using fantasy.