Uber Technologies's Options Frenzy: What You Need to Know

Benzinga ·  11/28/2023 00:15

Whales with a lot of money to spend have taken a noticeably bearish stance on Uber Technologies.Looking at options history for Uber Technologies (NYSE:UBER) we detected 18 trades.If we consider the specifics of each trade, it is accurate to state that 44% of the investors opened trades with bullish expectations and 55% with bearish.From the overall spotted trades, 4 are puts, for a total amount of $166,025 and 14, calls, for a total amount of $1,160,589.What's The Price Target?Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to $65.0 for Uber

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