What the article is saying:
- Some rich people are betting that Uber's stock price will go down by buying "put" options.
- Other rich people are betting that Uber's stock price will go up by buying "call" options.
- The most popular price for Uber's stock in the next few months is between $30 and $85.
- Some experts think Uber's stock price will be around $91 in the next few months.
Read from source...
- "Benzinga Insights" is not a legitimate source, but a promotional content service.
- The article lacks a clear structure, introduction, conclusion, and proper citations.
- The article uses vague terms like "whales", "big money", "noteworthy", without defining them or providing evidence.
- The article mixes different types of options (calls, puts, sweeps, trades) without explaining the difference or their implications.
- The article confuses price range with strike price, and does not show how to calculate the option delta or gamma.
- The article provides outdated and irrelevant information about Uber's business model, market status, and analyst ratings.