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Mixed options sentiment in Uber with shares down 0.2%

Mixed options sentiment in Uber (UBER), with shares down 18c near $86.94. Options volume roughly in line with average with 77k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.52. Implied volatility (IV30) dropped 1.1 near 35.23,and below the 52wk median, suggesting an expected daily move of $1.93. Put-call skew steepened, indicating increased demand for downside protection.

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