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Uber call volume above normal and directionally bullish

Bullish option flow detected in Uber with 28,283 calls trading, 1.8x expected, and implied vol increasing over 1 point to 44.88%. Apr-24 80 calls and 4/5 weekly 78 calls are the most active options, with total volume in those strikes near 12,500 contracts. The Put/Call Ratio is 0.45. Earnings are expected on May 7th.

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