Options desk

The Desk

Tape Fri 2:09 ET

$35,952

19 names · 51 contracts

Tape Fri 2:09 ET

Desk

Trade

UBER

Uber

78.68

+1.73 · +2.3%

Plan

Cut
Daily close below $72.50. All three.
Target
One at 80. Two 85 / 88–90 into Nov 3.
  1. 3× Jan $80C, 2 @ $7.50 + 1 @ $7.02, $2,202. 200-day held.
  2. Cut: close below $72.50. All three. Nov 3 print.
  3. One at 80. Two 85 / 88–90 into Nov 3.

The take

3× Jan $80C, 2 @ $7.50 + 1 @ $7.02, $2,202. Cut $72.50 all three.

One at 80. Two 85 / 88–90 into Nov 3. No add.

Expression

  • 3× Jan ’27 $80C @ $7.34 · 1.3 OTM

$2,202 cost · 89d

Tape

  • 20-day75.99 above
  • 50-day73.68 above
  • 200-day76.74 above

Stop

Close below $72.50

20/50 knot. 200-day is 76.74. Lose 72.50 and the bounce is done.

Outlook

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

One at 80. Two 85 / 88–90 into Nov 3. Cut $72.50 all three.

News

Quiet on this name.