Tim Biggam's Morning Trade: Uber Technologies (UBER)

Tim Biggam looks at $50 as horizontal support on UBER. With cheap implied volatility is rather low for the name before earnings, so Tim decides on buying a call spread rather than selling a put spread into earnings. He is bullish on the name and the trade set up has a 1 to 1 reward to risk ratio.

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Tim Biggam's Morning Trade: Uber Technologies (UBER)

Tim Biggam looks at $50 as horizontal support on UBER. With cheap implied volatility is rather low for the name before earnings, so Tim decides on buying a call spread rather than selling a put spread into earnings. He is bullish on the name and the trade set up has a 1 to 1 reward to risk ratio.

ON AIR
7:00 am
Market Overtime
replay

Get Market Minute

Daily insights for every investor

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