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Yandex looking for the 4th point?
#YNDX is likely to continue correction in wave 4.
It makes sense to wait for the price reaching $56.50 to go Long& Less likely target is $47.50
Another way to form a Long position is by selling Put options: sell Put strike 56.50 (1/2 of the position) and/or sell Put strike 47.50 (another 1/2 of volume).
The lower the stock price the more expensive are the Put options. So don't rush with the sale of the second Put.
It makes sense to wait for the price reaching $56.50 to go Long& Less likely target is $47.50
Another way to form a Long position is by selling Put options: sell Put strike 56.50 (1/2 of the position) and/or sell Put strike 47.50 (another 1/2 of volume).
The lower the stock price the more expensive are the Put options. So don't rush with the sale of the second Put.
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