HomeBusinessTransportationMorning Trade: Bullish Uber Technologies (UBER) Call Trade
Morning Trade: Bullish Uber Technologies (UBER) Call Trade

Uber Technologies (UBER) is down 50% off its April highs and fell 30% since its January top, says Alan Knuckman, Chief Market Strategist at Bullseyeoption.com. He points out that it is still up 125% since its Covid lows. Alan is buying a July $25 call with a breakeven of $32.90. Alan uses the technicals of the charts to help him with his trades. He and Oliver discuss how the potential rate hike will affect Uber.

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