Whales with a lot of money to spend have taken a noticeably bullish stance on Uber Technologies.

Looking at options history for Uber Technologies (NYSE:UBER) we detected 16 trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 37% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $1,345,146 and 6, calls, for a total amount of $337,450.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $45.0 and $85.0 for Uber Technologies, spanning the last three months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Uber Technologies options trades today is 4351.17 with a total volume of 17,538.00.

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 $45.0 to $85.0 over the last 30 days.

Uber Technologies Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

About Uber Technologies

In light of the recent options history for Uber Technologies, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Uber Technologies's Current Market Status

• With a volume of 4,596,849, the price of UBER is down -2.51% at $77.83.
• RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
• Next earnings are expected to be released in 7 days.

Professional Analyst Ratings for Uber Technologies

In the last month, 5 experts released ratings on this stock with an average target price of $96.8.

Unusual Options Activity Detected: Smart Money on the Move

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Uber Technologies, Benzinga Pro gives you real-time options trades alerts.