Whales with a lot of money to spend have taken a noticeably bullish stance on Uber Technologies.
Looking at options history for Uber Technologies UBER we detected 39 trades.
If we consider the specifics of each trade, it is accurate to state that 48% of the investors opened trades with bullish expectations and 41% with bearish.
From the overall spotted trades, 15 are puts, for a total amount of $2,424,923 and 24, calls, for a total amount of $1,899,803.
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 $32.5 to $100.0 for Uber Technologies over the last 3 months.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Uber Technologies's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Uber Technologies's substantial trades, within a strike price spectrum from $32.5 to $100.0 over the preceding 30 days.
Uber Technologies Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UBER | PUT | TRADE | NEUTRAL | 06/20/25 | $5.6 | $5.5 | $5.55 | $60.00 | $1.1M | 9.5K | 2.0K |
| UBER | CALL | SWEEP | BEARISH | 01/17/25 | $29.65 | $28.15 | $28.53 | $32.50 | $567.8K | 853 | 199 |
| UBER | PUT | SWEEP | BEARISH | 02/21/25 | $1.71 | $1.69 | $1.7 | $55.00 | $390.6K | 17.1K | 3.2K |
| UBER | CALL | TRADE | BULLISH | 01/17/25 | $3.45 | $3.15 | $3.35 | $60.00 | $150.7K | 12.9K | 450 |
| UBER | PUT | SWEEP | BEARISH | 12/19/25 | $4.65 | $4.55 | $4.65 | $52.50 | $139.5K | 738 | 301 |
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
- Currently trading with a volume of 7,840,012, the UBER's price is down by -0.23%, now at $61.73.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 43 days.
What The Experts Say On Uber Technologies
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $96.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Cantor Fitzgerald downgraded its action to Overweight with a price target of $90. * Maintaining their stance, an analyst from Tigress Financial continues to hold a Buy rating for Uber Technologies, targeting a price of $103. * In a cautious move, an analyst from JMP Securities downgraded its rating to Market Outperform, setting a price target of $95.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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