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...
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