Uber Technologies Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Uber Technologies (NYSE:UBER), with 10 options trades spotted, split between 50% bullish and 50% bearish. Whales have been targeting a price range of $17.5 to $47.5 for Uber over the last 3 months.
May 23, 2023 | 3:07 pm
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Uber Technologies has seen unusual options activity, with 10 trades split between 50% bullish and 50% bearish. Whales have targeted a price range of $17.5 to $47.5 for the stock over the last 3 months.
The unusual options activity indicates that there is significant interest in Uber's stock, with both bullish and bearish sentiment. This could lead to increased volatility in the short term, but the overall impact on the stock price is uncertain due to the split sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100