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benzinga.com
175 days

Uber Technologies Unusual Options Activity - Uber Technologies (NYSE:UBER)

1. Large investors executed 17 uncommon options trades on UBER. These trades signal potential market moves. 2. Call trades near $1M and puts $134K show a mixed sentiment split. The majority of trades lean bullish. 3. Data indicate a price window from $55 to $100 over the past quarter. Options volume and open interest support this view. 4. Analyst ratings are mixed with an average target around $85. Earnings are expected in 71 days.

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FAQ

Why Bullish?

Institutional and wealthy investor activity via high-value options trades often precede price increases. Historical examples, such as Tesla’s options sweeps, have led to noticeable bullish runs after similar patterns.

How important is it?

The significant options volume and placement by big players suggest imminent price action. This level of institutional positioning can drive strong short-term market reactions.

Why Short Term?

Options activity typically drives near-term volatility, especially ahead of scheduled earnings. Similar events in the past have triggered short-term price movements.

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