Mixed options sentiment in Uber (UBER), with shares up 66c, or 0.7%, near $94.06. Options volume roughly in line with average with 118k contracts traded and calls leading puts for a put/call ratio of 0.68, compared to a typical level near 0.55. Implied volatility (IV30) dropped 2.25 near 47.46,in the top quartile of the past year, suggesting an expected daily move of $2.81. Put-call skew steepened, indicating increased demand for downside protection.
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