Mixed options sentiment in Uber with shares down 1.94%

Mixed options sentiment in Uber (UBER), with shares down $1.70 near $85.84. Options volume relatively light with 36k contracts traded and calls leading puts for a put/call ratio of 0.94, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 0.9 points near 31.89,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.72. Put-call skew flattened, suggesting a modestly bullish tone.