Uber Technologies's Options Frenzy: What You Need to Know - Uber Technologies (NYSE:UBER)

Core Viewpoint - Investors with significant capital have adopted a bearish stance on Uber Technologies, indicating potential upcoming changes in the company's outlook [1][2]. Options Trading Activity - Benzinga's options scanner identified 16 unusual options trades for Uber Technologies, with a sentiment split of 31% bullish and 56% bearish among large investors [2][3]. - The total amount for put options was $1,886,527, while call options totaled $542,519, suggesting a stronger bearish sentiment overall [3]. Price Target Analysis - The analysis of volume and open interest indicates that major players are targeting a price range of $60.0 to $120.0 for Uber Technologies over the past quarter [4]. Significant Options Trades - Notable trades include: - A bearish put trade with a total price of $1.5 million at a strike price of $80.00, expiring on June 18, 2026 [9]. - A bullish call sweep trade at a strike price of $80.00, totaling $235.7K, expiring on January 16, 2026 [9]. - A bullish put trade at a strike price of $75.00, totaling $157.0K, expiring on December 18, 2026 [9]. - A bearish call trade at a strike price of $72.50, totaling $66.7K, expiring on May 15, 2026 [9]. Market Position and Analyst Ratings - Uber Technologies has an average price target of $104.33 from three professional analysts, with varying ratings: Neutral from Wedbush at $78, Overweight from Morgan Stanley at $110, and a Buy rating from Arete Research at $125 [11][12]. Current Market Status - The trading volume for Uber stands at 1,633,789, with the stock price at $81.05, reflecting a slight decrease of -0.12% [14].