Investors Buy Large Volume of Put Options on Yandex (NASDAQ:YNDX)

Investors Buy Large Volume of Put Options on Yandex (NASDAQ:YNDX)


Yandex (NASDAQ:YNDXGet Rating) was the target of unusually large options trading activity on Wednesday. Stock investors bought 1,814 put options on the company. This represents an increase of 1,437% compared to the typical daily volume of 118 put options.

A number of brokerages have commented on YNDX. Citigroup dropped their target price on shares of Yandex from $75.00 to $70.00 in a research note on Thursday, February 17th. StockNews.com cut shares of Yandex…


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