Uber (UBER) Options See Continued Overwriting - Susquehanna

Susquehanna options strategist Alison Edwards notes continued overwriting in Uber (NYSE: UBER) options.

"An opening investor sold 5900 Dec 40 (.27d) calls at $1.35 following similar overwriting yesterday in the Aug 32.5 calls," Edwards commented. "The investor risks being assigned to sell 590k share on a 28% rally."

You May Also Be Interested In

• Piper Sandler on Uber Inc. (UBER): 'We are constructive on shares here'
• Docusign Inc. (DOCU) call put ratio 1.8 calls to 1 put as share price up 7.7%
• Uber may launch ride service for children as young as 10