UBER has been on a parabolic move ever since it broke out from the 30 range earlier this year. The stock is currently consolidating in the 50s for a few weeks now and looks like it is gearing to start the next impulse wave and push higher to 59-60s. We entered weekly call options last Friday so not looking to capture the entire 12% implied move to 60 next week but will definitely am considering adding some long contracts once we break above 56. The above trade ideas are my own. Please do your own research before investing.
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