3000+ YNDX Aug 23 calls and 22.5 puts went up in scattered blocks on all floors.?
Shares of Yandex NV (YNDX) are up .44 to 22.15 today. ?YNDX is at the upper end of the 52 week range.
- Paper traded 3000+ YNDX Aug 23 calls and 22.5 puts for 1.80 . ?
- The ADV is 2551 contracts.? ?
- The open interest is less than 1200 contracts.
The volume went up in scattered blocks on all floors.? Traders bid and sometime aggressively bid through the current markets to scoop up 3k contracts on the strangles.? Apparently they are betting on a size move in YNDX through the Aug cycle.? The calls and puts did not go up as a strangle or spread tag.
- IV 30 is trading for 41%.?
- HV10 is trading for 24%.
- ?IV 30 is above the HV 10.
Yandex N.V. (Yandex) is an Internet and technology company, and operates an Internet search engine. The Company’ s segments include Search and Portal, offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company’s users to find relevant and objective information to communicate and connect over the Internet,