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Uber Technologies Options Trading: A Deep Dive Into Market Sentiment

Benzinga ·  Dec 4, 2024 01:46

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 15 trades.

If we consider the specifics of each trade, it is accurate to state that 26% of the investors opened trades with bullish expectations and 66% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $420,045 and 13, calls, for a total amount of $1,013,391.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $70.0 to $90.0 for Uber Technologies over...

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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