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Mixed options sentiment in Uber with shares down 1.23%

Mixed options sentiment in Uber (UBER), with shares down $1.13 near $90.99. Options volume roughly in line with average with 102k contracts traded and calls leading puts for a put/call ratio of 0.55, compared to a typical level near 0.58. Implied volatility (IV30) dropped 0.12 near 35.02,and below the 52wk median, suggesting an expected daily move of $2.01. Put-call skew steepened, indicating increased demand for downside protection.

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