Deep-pocketed investors have adopted a bullish approach towards Uber Technologies (NYSE:UBER), and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in UBER usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga’s options scanner highlighted 18 extraordinary options activities for Uber Technologies. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 77% leaning bullish and 11% bearish. Among these notable options, 4 are puts, totaling $242,000, and 14 are calls, amounting to $607,045.
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 $67.5 and $80.0 for Uber Technologies, spanning the last three months.
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Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Uber Technologies’s options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Uber Technologies’s whale activity within a strike price range from $67.5 to $80.0 in the last 30 days.
Uber Technologies Option Activity Analysis: Last 30 Days
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Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UBER | PUT | SWEEP | BEARISH | 03/20/26 | $2.99 | $2.99 | $2.99 | $70.00 | $89.7K | 6.3K | 351 |
| UBER | CALL | SWEEP | BULLISH | 03/20/26 | $4.15 | $4.15 | $4.15 | $70.00 | $72.6K | 1.2K | 280 |
| UBER | CALL | SWEEP | BULLISH | 03/20/26 | $4.25 | $4.1 | $4.1 | $70.00 | $71.7K | 1.2K | 631 |
| UBER | PUT | TRADE | NEUTRAL | 06/18/26 | $12.1 | $11.65 | $11.91 | $80.00 | $59.5K | 4.4K | 450 |
| UBER | PUT | TRADE | BULLISH | 06/18/26 | $11.95 | $11.75 | $11.8 | $80.00 | $59.0K | 4.4K | 50 |
About Uber Technologies
Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food couriers, and shippers with carriers. The firm’s on-demand technology platform is currently utilized by traditional cars as well as autonomous vehicles, but could eventually be used for additional products and services, such as delivery via drones or electronic vehicle take-off and landing (eVTOL) technology. Uber operates in over 70 countries, with over 202 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 2,759,794, the UBER’s price is down by -0.25%, now at $71.04.
- RSI readings suggest the stock is currently may be oversold.
- Anticipated earnings release is in 82 days.
What The Experts Say On Uber Technologies
5 market experts have recently issued ratings for this stock, with a consensus target price of $110.8.
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- An analyst from Wells Fargo has decided to maintain their Overweight rating on Uber Technologies, which currently sits at a price target of $100.
- An analyst from RBC Capital has revised its rating downward to Outperform, adjusting the price target to $105.
- Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Uber Technologies, targeting a price of $105.
- An analyst from Needham has revised its rating downward to Buy, adjusting the price target to $109.
- An analyst from Guggenheim has revised its rating downward to Buy, adjusting the price target to $135.
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.
