Mixed options sentiment in Uber (UBER), with shares down 18c near $83.69. Options volume roughly in line with average with 96k contracts traded and calls leading puts for a put/call ratio of 0.6, compared to a typical level near 0.57. Implied volatility (IV30) dropped 2.58 near 34.26,in the bottom quartile of the past year, suggesting an expected daily move of $1.81. Put-call skew steepened, indicating increased demand for downside protection.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UBER:
- 3 Low P/E Stocks that Could Be Your Next Big Win – Pinterest, Uber, VICI
- Morning News Wrap-Up: Thursday’s Biggest Stock Market Stories!
- UBER Partners with Starship to Launch Autonomous Robot Deliveries in the UK
- Uber Eats enters partnership with Starship Technologies
- Ford Stock (NYSE:F) Slips With Latest Recall
