Uber Technologies Unusual Options Activity For June 05
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Uber Technologies (NYSE:UBER), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 20 uncommon options trades, with 40% bullish and 60% bearish sentiment. Whales have been targeting a price range of $35.0 to $42.5 for Uber over the last 3 months.
June 05, 2023 | 4:46 pm
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A large investor has taken a bearish stance on Uber Technologies (NYSE:UBER) with unusual options activity. 60% bearish sentiment has been observed, potentially impacting the stock price.
The unusual options activity, with 60% bearish sentiment, indicates that a large investor is expecting the stock price to go down. This could be due to various factors such as market conditions, company performance, or other external factors. As a result, this bearish stance may have a negative impact on Uber's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100