Option traders moderately bearish in Uber (UBER), with shares down $1.81 near $89.97. Options volume roughly in line with average with 107k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.42. Implied volatility (IV30) is higher by 1.1 points near 43.75,and above the 52wk median, suggesting an expected daily move of $2.48. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Uber (UBER) will report earnings before the open on 2025-08-06.Option markets are pricing in a 50% probability of a move greater than 7.85% or $7.07.
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