Looking At Uber Technologies's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Uber Technologies (NYSE:UBER), with 19 uncommon options trades spotted. The sentiment of these big-money traders is split between 47% bullish and 52% bearish. Whales have been targeting a price range from $22.5 to $50.0 for Uber over the last 3 months.

May 30, 2023 | 7:46 pm
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Uber Technologies has seen unusual options activity, with 19 uncommon trades and a sentiment split between 47% bullish and 52% bearish. Whales have targeted a price range of $22.5 to $50.0 over the last 3 months.
The unusual options activity indicates that there is significant interest in Uber's stock, with a nearly even split between bullish and bearish sentiment. This suggests that the stock price may experience increased volatility in the short term, but it is difficult to predict a clear direction based on the mixed sentiment. The targeted price range of $22.5 to $50.0 over the last 3 months also indicates a wide range of potential outcomes for the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100