Behind the Scenes of Uber Technologies's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Uber Technologies show a bearish sentiment among major investors, with 66% of trades being bearish. Analysts have mixed ratings, with price targets ranging from $90 to $97. The stock is currently trading at $77.03, up 1.13%, but may be approaching overbought levels.
October 09, 2024 | 2:48 pm
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Uber Technologies is experiencing a bearish sentiment in options trading, with 66% of trades being bearish. Analysts have set price targets between $90 and $97, while the stock is currently trading at $77.03, up 1.13%. The stock may be approaching overbought levels.
The majority of options trades are bearish, indicating a negative short-term outlook. Analysts' mixed ratings and the stock's current overbought status suggest potential downward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100