Uber (UBER) September 70 and 85 call spreader active on 3988 contracts

Uber (NYSE: UBER) 30-day option implied volatility is at 40; compared to its 52-week range of 29 to 60. Call put ratio 2.7 calls to 1 put with a focus on September 70 and 85 calls as share price up 2.2%.

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