Bullish option flow detected in Uber with 12,364 calls trading, 1.1x expected, and implied vol increasing over 1 point to 59.74%. Sep-23 37.5 calls and 1/27 weekly 29.5 puts are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.64. Earnings are expected on February 8th.
Published first on TheFly
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