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Mixed options sentiment in Uber with shares up 0.57%

Mixed options sentiment in Uber (UBER), with shares up 52c, or 0.57%, near $92.31. Options volume roughly in line with average with 66k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.57. Implied volatility (IV30) dropped 0.39 near 33.39,in the bottom quartile of the past year, suggesting an expected daily move of $1.94. Put-call skew steepened, indicating increased demand for downside protection.

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