
Rocket Equities & Options - Uber Earnings Trade 11-05-20
Uber call spread $42.50 - $44.00
This is a bullish spread buying a $42.50 call and selling the $40.00 call. Uber is trading at $41.70 and has earnings tonight. This should cost about $0.50 per contract pair. Your max risk is $50 and your max profit is $100 if Uber closes over $44 tomorrow.
Uber has earnings tonight and is pricing in a $2.33 move. Uber has traded well above its recent areas of resistance. We are also well positioned in this in our long term portfolio.
Uber has earnings tonight and is pricing in a $2.33 move. Uber has traded well above its recent areas of resistance. We are also well positioned in this in our long term portfolio.


