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Moderately bullish activity in Uber with shares up 0.63%

Moderately bullish activity in Uber (UBER), with shares up 62c, or 0.63%, near $98.42. Options volume relatively light with 8715 contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 0.9 points near 45.6,in the top quartile of the past year, suggesting an expected daily move of $2.83. Put-call skew flattened, suggesting a modestly bullish tone.

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