Uber Technologies Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Uber Technologies (NYSE: UBER), with 60% of detected unusual options trades being bearish. Whales have targeted a price range of $30 to $55 for Uber over the last 3 months. The stock is currently up 0.97% at $39.56, with RSI indicators suggesting it may be overbought.
May 22, 2023 | 5:31 pm
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Unusual options activity detected for Uber Technologies, with a bearish stance taken by a whale. The stock is up 0.97% at $39.56, and RSI indicators suggest it may be overbought.
The bearish stance taken by a whale in Uber Technologies options indicates a potential negative impact on the stock price in the short term. The stock is currently up, but RSI indicators suggest it may be overbought, which could lead to a price correction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100