Options desk

The Desk

Trades + overlays · sell before expiry

$26,850

17 names · 50 contracts

Desk

Trade

UBER

Uber

Plan

Cut
Daily close below $72.50.
Take profit
85 then 88–90 into Nov 3. One at 85.
  1. 2× Jan $80C @ $7.50, $1,500. Spot ~78.80. 20-day 73.85, 200-day 77.
  2. Cut: close below $72.50. Nov 3 print.
  3. First 85. One lot there, one into Nov 3.

The take

Filled. 2× Jan $80C @ $7.50, $1,500 WS TFSA. Spot ~79, a couple bucks OTM, delta ~0.55. This marks like stock — treat the $1,500 as size, not a stub.

Stop is still a close under $72.50. First $85, sell $88–90 into Nov 3. Don’t sit the print unless you roll that week. No shares.

Expression

  • 2× Jan ’27 $80C @ $7.5

$1,500 cost · 143d

Tape

Marking…

Stop

Close below $72.50

20/50 knot. Recapture failed. Kill both.

Outlook

  • Q3 earnings (est.)3 Nov · before expiry

85 first. 88–90 into Nov 3. Two lots. Cut $72.50.

News

Quiet on this name.