Bullish option flow detected in Uber with 27,233 calls trading, 2x expected, and implied vol increasing over 2 points to 60.26%. 2/10 weekly 32.5 calls and 2/3 weekly 32 calls are the most active options, with total volume in those strikes near 18,100 contracts. The Put/Call Ratio is 0.14. Earnings are expected on February 8th.
Published first on TheFly
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