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Mixed options sentiment in Uber with shares down 1.58%

Mixed options sentiment in Uber (UBER), with shares down $1.18 near $73.52. Options volume roughly in line with average with 36k contracts traded and calls leading puts for a put/call ratio of 0.89, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 0.4 points near 35.03,and below the 52wk median, suggesting an expected daily move of $1.62. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Outperform at Fox Advisors.

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