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Uber Technologies Unusual Options Activity For May 21

Benzinga ·  May 22 03:31

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 25 trades.

If we consider the specifics of each trade, it is accurate to state that 32% of the investors opened trades with bullish expectations and 60% with bearish.

From the overall spotted trades, 13 are puts, for a total amount of $770,530 and 12, calls, for a total amount of $619,747.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $50.0 to $90.0 for Uber...

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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