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This Is What Whales Are Betting On Uber Technologies

Benzinga ·  Oct 24 22:30

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 16 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $1,345,146 and 6, calls, for a total amount of $337,450.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and...

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