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What the Options Market Tells Us About Uber Technologies

Benzinga ·  03:15

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 39 trades.

If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 41% with bearish.

From the overall spotted trades, 15 are puts, for a total amount of $2,424,923 and 24, calls, for a total amount of $1,899,803.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $32.5 to $100.0 for...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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