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Uber (UBER) Extends Recent Decline, Down Over 5% Amid IPO Lockup Expiration

November 6, 2019 7:25 AM EST

The slump in Uber (NYSE: UBER) was center-stage pre-open Wednesday, as shares declined over 5%. Weakness was tied to today's IPO lockup expiration and adds to recent woes following a plunge in shares in the wake of disappointing Q3 results Monday.

The IPO lockup... More

Uber (UBER) IV up into lock-up period ending

November 6, 2019 5:19 AM EST

Uber (NYSE: UBER) November weekly call option implied volatility is at 114, November is at 82, December is at 57; compared to its 52-week range of 39 to 83 into lock-up period ending on November 6. Call put ratio 1 call to 1.6 puts.

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