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Uber Technologies's Options Frenzy: What You Need to Know

Benzinga ·  Nov 27, 2023 11:15

Whales with a lot of money to spend have taken a noticeably bearish stance onUber Technologies.

Looking at options history for Uber Technologies (NYSE:UBER) we detected 18 trades.

If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 55% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $166,025 and 14, calls, for a total amount of $1,160,589.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to $65.0 for Uber...

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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