Mixed options sentiment in Uber (UBER), with shares down $2.23 near $90.89. Options volume running well above average with 126k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 0.3 points near 34.03,in the bottom quartile of the past year, suggesting an expected daily move of $1.95. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at Canaccord.
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