Whales with a lot of money to spend have taken a noticeably bearish stance on Uber Technologies.
Looking at options history for Uber Technologies UBER we detected 55 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 61% with bearish.
From the overall spotted trades, 30 are puts, for a total amount of $1,662,835 and 25, calls, for a total amount of $3,173,416.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $90.0 for Uber Technologies over the last 3 months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Uber Technologies options trades today is 1750.74 with a total volume of 12,661.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Uber Technologies's big money trades within a strike price range of $50.0 to $90.0 over the last 30 days.
Uber Technologies Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
UBER | CALL | TRADE | BULLISH | 01/16/26 | $11.25 | $11.05 | $11.2 | $80.00 | $1.1M | 6.1K | 1.0K |
UBER | CALL | TRADE | BULLISH | 01/16/26 | $7.65 | $7.45 | $7.65 | $90.00 | $765.0K | 2.8K | 1.0K |
UBER | PUT | TRADE | BEARISH | 12/18/26 | $13.8 | $12.65 | $13.8 | $72.50 | $146.2K | 1.6K | 638 |
UBER | PUT | SWEEP | BEARISH | 12/18/26 | $13.8 | $12.15 | $13.8 | $72.50 | $131.1K | 1.6K | 414 |
UBER | PUT | TRADE | BEARISH | 12/18/26 | $13.8 | $12.65 | $13.8 | $72.50 | $128.3K | 1.6K | 514 |
About Uber Technologies
Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 150 million users who order rides or food at least once a month.
Having examined the options trading patterns of Uber Technologies, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Uber Technologies
- With a volume of 4,832,028, the price of UBER is down -0.46% at $71.56.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 62 days.
Professional Analyst Ratings for Uber Technologies
5 market experts have recently issued ratings for this stock, with a consensus target price of $88.0.
- Consistent in their evaluation, an analyst from Roth MKM keeps a Buy rating on Uber Technologies with a target price of $90.
- Maintaining their stance, an analyst from Citigroup continues to hold a Buy rating for Uber Technologies, targeting a price of $98.
- In a cautious move, an analyst from RBC Capital downgraded its rating to Outperform, setting a price target of $80.
- Maintaining their stance, an analyst from DA Davidson continues to hold a Buy rating for Uber Technologies, targeting a price of $82.
- Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for Uber Technologies, targeting a price of $90.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Uber Technologies with Benzinga Pro for real-time alerts.
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