Whales are big fish that eat smaller fish. In the stock market, whales are big investors with a lot of money to spend. They can move the market by buying or selling a lot of stocks. In this case, whales are selling put options on Uber Technologies, which means they think the stock price will go down. They are also buying call options, which means they think the stock price will go up. The big money trades are showing a range of $50 to $90 for the stock price over the next 3 months. The total trade price is over $4.8 million, with the most trading happening in the $2.8 to $6.1 million range. The most common strike prices are $60 and $65. There are 5 big money trades and they are all bullish, which means they think the stock price will go up.

The stock market is like a big fish tank where all kinds of fish swim around. Some fish are big and some are small. The big fish are called whales because they can eat all the little fish. In the stock market, the whales are big investors with a lot of money to spend. They can move the market by buying or selling a lot of stocks.

In this case, the whales are selling put options on Uber Technologies. This means they think the stock price will go down. They are also buying call options, which means they think the stock price will go up. The big money trades are showing a range of $50 to $90 for the stock price over the next 3 months. The total trade price is over $4.8 million, with the most trading happening in the $2.8 to $6.1 million range. The most common strike prices are $60 and $65. There are 5 big money trades and they are all bullish, which means they think the stock price will go up.

So, in simple terms, the big fish (whales) in the stock market are betting on whether the stock price of Uber Technologies will go up or down. They are using put options and call options to make their bets. The most common strike prices are $60 and $65. The big money trades are showing a range of $50 to $90 for the stock price over the next 3 months. Read from source...

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Posted on October 3, 2024 at 12:04 am by AI

- bullish

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