Big Investor Bets on UBER Stock Making a Move

Trading in UBER Technologies stock options recently saw some unusual activity, catching the eye of market watchers. Specifically, a notable large trade involving call options was detected. This particular trade was for call options betting that UBER's stock price will be above $70 by July 18, 2025. A call option gives the buyer the right, but not the obligation, to purchase the stock at a set price (the strike price, which is $70 in this case) before a certain date. When large amounts of these options are traded, it can signal that some investors are making significant bets on the stock's future direction. The activity involved 260 contracts changing hands, adding to the existing interest in these specific options. The implied volatility for these options was also quite high at 83%. Implied volatility is essentially what the market expects in terms of how much the stock price might swing in the future. High implied volatility suggests that investors expect larger price movements. Overall, this unusual options activity, especially the large call option trade and high expected volatility, indicates that some investors are positioning themselves for potential significant moves in UBER's stock price over the next year.