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

Benzinga ·  Sep 13 00:38

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

Looking at options history for Uber Technologies (NYSE:UBER) we detected 13 trades.

If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish expectations and 30% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $443,006 and 3, calls, for a total amount of $215,849.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to $78.0 for Uber Technologies over...

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