Mixed options sentiment in Uber (UBER), with shares up $6.29, or 8.63%, near $79.25. Options volume more than double the daily average with 188k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.7. Implied volatility (IV30) dropped 10.48 near 36.37,and below the 52wk median, suggesting an expected daily move of $1.82. Put-call skew steepened, indicating increased demand for downside protection.The company announced earnings before the open on 2026-05-06with option markets having priced in a move of approximately 8.54%.
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