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Klaviyo Sees Unusually Large Options Volume (NYSE:KVYO)

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Klaviyo, Inc. experienced a significant surge in options trading on Monday. Specifically, there was an unusually large volume of put options purchased for the company's stock.
  • Klaviyo, Inc. (KVYO) observed a notable increase in options trading activity on Monday.
  • Stock traders bought 10,129 put options for Klaviyo.
  • This volume represents a substantial jump of 266% when compared to the typical daily volume of 2,768 put options.
  • The heightened activity suggests a bearish sentiment or a strategic hedging position taken by investors concerning Klaviyo's stock performance.
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