Yandex Target of Unusually High Options Trading (NASDAQ:YNDX)

Yandex Target of Unusually High Options Trading (NASDAQ:YNDX)

Yandex (NASDAQ:YNDX) was the recipient of unusually large options trading activity on Wednesday. Traders bought 1,814 put options on the stock. This is an increase of 1,437% compared to the typical daily volume of 118 put options.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. lifted its stake in shares of Yandex by 0.5% in the second quarter. Invesco Ltd. now owns 29,626,332 shares of the information services…


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