Moderately bullish activity in Uber (UBER), with shares up $1.80, or 2.11%, near $87.47. Options volume relatively light with 61k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.6. Implied volatility (IV30) is higher by 0.2 points near 31.03,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.71. Put-call skew flattened, suggesting a modestly bullish tone.
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