Bearish flow noted in Uber (UBER) with 18,867 puts trading, or 1.1x expected. Most active are 3/6 weekly 62 puts and Jan-27 45 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 1.65, while ATM IV is up over 4 points on the day. Earnings are expected on May 6th.
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