Moderately bullish activity in Uber (UBER), with shares up $2.21, or 2.3%, near $98.10. Options volume running well above average with 158k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.5. Implied volatility (IV30) is higher by 1.7 points near 34.12,in the bottom quartile of the past year, suggesting an expected daily move of $2.11. Put-call skew flattened, suggesting a modestly bullish tone.
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