Stock Traders Buy High Volume of Put Options on Yandex (NASDAQ:YNDX)

Stock Traders Buy High Volume of Put Options on Yandex (NASDAQ:YNDX)


Yandex (NASDAQ:YNDXGet Rating) saw unusually large options trading on Wednesday. Stock investors purchased 1,814 put options on the company. This represents an increase of 1,437% compared to the average volume of 118 put options.

A number of equities analysts recently issued reports on the company. StockNews.com cut Yandex from a “hold” rating to a “sell” rating in a report on Monday, March 7th. Citigroup cut their target price on Yandex from $75.00 to…


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