By Dan Darrow
November 15, 2022
Intraday Update: UBER
UBER is up 8% in early afternoon trading, both clearing the earnings day high (30.99) and beginning to break the long, multi-year downtrend. The Dec16 $30 call is up sharply and above the initial target range, so the plan will be to lock in some money and roll up to a lower debit Dec16 $32.50 - $37.50 call spread. The next target is 33+ (9/15 gap fill).
Open Positions
* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".
Trader Author Portfolio Holdings
**As of the date and time of publication
