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Moderately bullish activity in Uber with shares up 0.22%

Moderately bullish activity in Uber (UBER), with shares up 20c (+0.22%) near $88.19.Options volume relatively light with 72k contracts traded and calls leading puts for a put/call ratio of 0.63, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 0.0 points near 35.35,and below the 52wk median, suggesting an expected daily move of $1.96. Put-call skew steepened, indicating increased demand for downside protection.

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