2024-06-21 CALL at $55.0 Option on Uber Technologies
| UBER Stock | USD 67.40 1.65 2.39% |
2024-06-21 CALL at $55.0 is a CALL option contract on Uber Technologies' common stock with a strick price of 55.0 expiring on 2024-06-21. The contract was last traded on 2024-04-29 at 15:48:43 for $13.45 and, as of today, has 53 days remaining before the expiration. The option is currently trading at a bid price of $13.3, and an ask price of $14.5. The implied volatility as of the 30th of April is 47.17.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uber Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Uber Stock, please use our How to Invest in Uber Technologies guide.
Uber |
Call options on Uber Technologies give the investor right to buy Uber Stock at a specified price within a specific period. The strike price represents the predetermined price at which a call buyer can buy Uber Stock. Call options may be purchased for speculation or sold for income purposes, or simply combined for various spread or combination strategies. If Uber Technologies' price is above the strike price at expiry, the profit is the current Uber Technologies' stock price, minus the strike price and the premium.
Rule 16 of 2024-06-21 Option Contract
The options market is anticipating that Uber Technologies will have an average daily up or down price movement of about 2.95% per day over the life of the option. With Uber Technologies trading at USD 67.4, that is roughly USD 1.99. If you think that the market is fully understating Uber Technologies' daily price movement you should consider buying Uber Technologies options at that current volatility level of 47.17%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
In The Money Call Option on Uber Technologies
An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Uber Technologies positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Uber Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
| Call Contract Name | 2024-06-21 CALL at $55.0 |
| Expires On | 2024-06-21 |
| Days Before Expriration | 53 |
| Last Traded On | 2024-04-29 15:48:43 |
| Contract Period | MONTHLY |
| Open Interest | 6560 |
| Current Trading Volume | 13.0 |
| Strike Price | 55.0 |
| Last Traded At | 13.45 |
| Current Price Spread | 13.3 | 14.5 |
| Rule 16 Daily Up or Down | USD1.99 |
Uber short CALL Option Greeks
Uber Technologies' Option Greeks for the contract ending on 2024-06-21 at a strike price of 55.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Uber Technologies' option greeks, its implied volatility helps estimate the risk of Uber Technologies stock implied by the prices of the options on Uber Technologies' stock.
| Delta | 0.8988 | |
| Gamma | 0.0147 | |
| Theta | -0.0275 | |
| Vega | 0.045 | |
| Rho | 0.0671 |
Uber long CALL Option Payoff at expiration
Buying Uber Technologies' call option is the simplest of option trades. A call option on Uber Stock gives investors the right (but not the obligation) to purchase Uber Technologies at the given strike price. Therefore Uber Technologies' call intrinsic value or payoff at expiration depends on where the Uber Stock price is relative to the call option strike price. The strike price of 55.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and negative (the trade is a loss). Above the strike, the payoff line is upward sloping as the option payoff rises in proportion with Uber Technologies' price. Finally, at the break-even point of 68.45, the line crosses zero, and trading Uber becomes profitable.
Profit |
| Uber Technologies Price At Expiration |
Uber short CALL Option Payoff at expiration
By selling Uber Technologies' call option, the investors signals his or her bearish sentiment. A short position in a call option written on Uber Technologies will generally make money when the underlying price goes down. Therefore Uber Technologies' call intrinsic value or payoff at expiration depends on where the Uber Stock price is relative to the call option strike price. The strike price of 55.0 is the critical point that divides the payoff function into two parts. Below the strike, the payoff chart is constant and positive (the seller makes a profit). Above the strike, the payoff line is downward sloping as the option payoff drops in proportion to Uber Technologies' price. Finally, at the break-even point of 68.45, the line crosses zero, and trading Uber becomes disadvantageous with no downside limits.
Profit |
| Uber Technologies Price At Expiration |
Uber Technologies Available Call Options
Uber Technologies' option chain is a display of a range of information that helps investors for ways to trade options on Uber. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Uber. It also shows strike prices and maturity days for a Uber Technologies against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
| Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-05-03 CALL at $40.0 | 0.9422 | 0.0046 | 14 | 2024-05-03 | 26.2 - 28.15 | 28.0 | In |
Call | 2024-05-03 CALL at $45.0 | 0.9663 | 0.0047 | 3 | 2024-05-03 | 21.9 - 23.4 | 24.8 | In |
Call | 2024-05-03 CALL at $50.0 | 0.9577 | 0.0073 | 79 | 2024-05-03 | 17.15 - 18.15 | 18.35 | In |
Call | 2024-05-03 CALL at $55.0 | 0.9882 | 0.005 | 7 | 2024-05-03 | 12.3 - 12.6 | 13.15 | In |
Call | 2024-05-03 CALL at $56.0 | 0.8898 | 0.0172 | 14 | 2024-05-03 | 10.6 - 12.05 | 13.25 | In |
Call | 2024-05-03 CALL at $57.0 | 0.8601 | 0.0196 | 4 | 2024-05-03 | 8.6 - 11.3 | 12.4 | In |
Call | 2024-05-03 CALL at $58.0 | 0.9312 | 0.0187 | 11 | 2024-05-03 | 7.5 - 9.65 | 11.15 | In |
Call | 2024-05-03 CALL at $59.0 | 0.9155 | 0.0228 | 12 | 2024-05-03 | 7.6 - 8.7 | 9.15 | In |
Call | 2024-05-03 CALL at $60.0 | 0.8043 | 0.0275 | 139 | 2024-05-03 | 5.9 - 8.6 | 9.61 | In |
Call | 2024-05-03 CALL at $61.0 | 0.8744 | 0.0337 | 3 | 2024-05-03 | 6.35 - 7.3 | 8.03 | In |
Call | 2024-05-03 CALL at $62.0 | 0.9508 | 0.0293 | 3 | 2024-05-03 | 5.3 - 5.7 | 12.7 | In |
Call | 2024-05-03 CALL at $63.0 | 0.9544 | 0.0349 | 37 | 2024-05-03 | 4.45 - 5.4 | 4.48 | In |
Call | 2024-05-03 CALL at $64.0 | 0.8259 | 0.0664 | 68 | 2024-05-03 | 3.6 - 4.55 | 3.8 | In |
Call | 2024-05-03 CALL at $65.0 | 0.765 | 0.0865 | 280 | 2024-05-03 | 2.78 - 3.45 | 2.93 | In |
Call | 2024-05-03 CALL at $66.0 | 0.6755 | 0.1072 | 26 | 2024-05-03 | 2.14 - 2.19 | 2.16 | In |
Call | 2024-05-03 CALL at $67.0 | 0.5629 | 0.123 | 317 | 2024-05-03 | 1.49 - 1.57 | 1.5 | In |
Call | 2024-05-03 CALL at $68.0 | 0.4397 | 0.122 | 2106 | 2024-05-03 | 1.01 - 1.09 | 1.03 | Out |
Call | 2024-05-03 CALL at $69.0 | 0.3246 | 0.111 | 1365 | 2024-05-03 | 0.67 - 0.72 | 0.67 | Out |
Call | 2024-05-03 CALL at $70.0 | 0.2297 | 0.092 | 3778 | 2024-05-03 | 0.4 - 0.44 | 0.43 | Out |
Call | 2024-05-03 CALL at $71.0 | 0.1469 | 0.071 | 1836 | 2024-05-03 | 0.23 - 0.28 | 0.24 | Out |
Call | 2024-05-03 CALL at $72.0 | 0.0889 | 0.0499 | 1626 | 2024-05-03 | 0.12 - 0.15 | 0.13 | Out |
Call | 2024-05-03 CALL at $73.0 | 0.0572 | 0.0344 | 1440 | 2024-05-03 | 0.07 - 0.1 | 0.08 | Out |
Call | 2024-05-03 CALL at $74.0 | 0.0369 | 0.0233 | 1207 | 2024-05-03 | 0.03 - 0.05 | 0.05 | Out |
Call | 2024-05-03 CALL at $75.0 | 0.0285 | 0.0176 | 4129 | 2024-05-03 | 0.03 - 0.04 | 0.04 | Out |
Call | 2024-05-03 CALL at $76.0 | 0.0155 | 0.0105 | 1306 | 2024-05-03 | 0.01 - 0.03 | 0.02 | Out |
Call | 2024-05-03 CALL at $77.0 | 0.0143 | 0.009 | 996 | 2024-05-03 | 0.01 - 0.03 | 0.02 | Out |
Call | 2024-05-03 CALL at $78.0 | 0.0134 | 0.0078 | 609 | 2024-05-03 | 0.01 - 0.02 | 0.02 | Out |
Call | 2024-05-03 CALL at $79.0 | 0.0072 | 0.0046 | 425 | 2024-05-03 | 0.0 - 0.02 | 0.01 | Out |
Call | 2024-05-03 CALL at $80.0 | 0.0118 | 0.0062 | 1909 | 2024-05-03 | 0.0 - 0.02 | 0.02 | Out |
Call | 2024-05-03 CALL at $82.0 | 0.0107 | 0.005 | 428 | 2024-05-03 | 0.0 - 0.02 | 0.02 | Out |
Call | 2024-05-03 CALL at $84.0 | 0.0098 | 0.0042 | 309 | 2024-05-03 | 0.0 - 0.02 | 0.02 | Out |
Call | 2024-05-03 CALL at $85.0 | 0.0054 | 0.0026 | 419 | 2024-05-03 | 0.0 - 0.01 | 0.01 | Out |
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Our tools can tell you how much better you can do entering a position in Uber Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Uber Technologies Corporate Directors
Uber Technologies corporate directors refer to members of an Uber Technologies board of directors. The board of directors generally takes responsibility for the Uber Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Uber Technologies' board members must vote for the resolution. The Uber Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Thain | Independent Director | Profile | |
| Wan Martello | Independent Director | Profile | |
| Matthew Cohler | Independent Director | Profile | |
| Arianna Huffington | Independent Director | Profile |
Already Invested in Uber Technologies?
The danger of trading Uber Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Uber Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Uber Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Uber Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Uber Technologies is a strong investment it is important to analyze Uber Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Uber Technologies' future performance. For an informed investment choice regarding Uber Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uber Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. To learn how to invest in Uber Stock, please use our How to Invest in Uber Technologies guide.Note that the Uber Technologies information on this page should be used as a complementary analysis to other Uber Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Uber Stock analysis
When running Uber Technologies' price analysis, check to measure Uber Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Uber Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Uber Technologies. If investors know Uber will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Uber Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.269 | Earnings Share 0.87 | Revenue Per Share 18.314 | Quarterly Revenue Growth 0.154 | Return On Assets 0.0196 |
The market value of Uber Technologies is measured differently than its book value, which is the value of Uber that is recorded on the company's balance sheet. Investors also form their own opinion of Uber Technologies' value that differs from its market value or its book value, called intrinsic value, which is Uber Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Uber Technologies' market value can be influenced by many factors that don't directly affect Uber Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Uber Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Uber Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uber Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.