Option traders moderately bearish in Uber (UBER), with shares down $1.23 near $75.42. Options volume relatively light with 72k contracts traded and puts leading calls for a put/call ratio of 1.2, compared to a typical level near 1.03. Implied volatility (IV30) is higher by 0.9 points near 37.79,and above the 52wk median, suggesting an expected daily move of $1.80. Put-call skew flattened, suggesting a modestly bullish tone.
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