Technology High Volume Tech Live Data Updated 2025-12-30

UBER Options

Uber Technologies Inc. Options Chain, Implied Volatility & Greeks

Comprehensive options market data for Uber Technologies Inc. (UBER). Explore implied volatility patterns, options chain liquidity, gamma exposure levels for the global mobility and delivery platform.

UBER Options at a Glance

Daily Volume: 120K+ contracts
Bid-Ask Spread: $0.02 - $0.05 ATM
Open Interest: 1.5M+ contracts
IV Range: 25% - 65%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: February 2025
Daily Volume
120K+ contracts
Open Interest
1.5M+
ATM Spread
$0.02-0.05
IV Range
25-65%
Index
S&P 500
Focus
Profitability Growth

1 About Uber Technologies Inc. (UBER)

Uber Technologies operates a global platform for ride-hailing, food delivery (Uber Eats), and freight services. After years of losses, Uber has achieved profitability and joined the S&P 500. The company dominates the U.S. ride-sharing market alongside Lyft.

Company Profile

Sector Technology
Industry Internet Services
Market Cap $150B+
Exchange NYSE

Key Dates

Next Earnings February 2025
Earnings Frequency Quarterly
Dividend Schedule None
Fiscal Year End December

Uber is the global leader in ride-hailing and a major player in food delivery. S&P 500 inclusion and sustained profitability mark a maturation from growth stock to established tech company.

2 UBER Options Market Overview

UBER options are highly liquid with strong institutional participation following S&P 500 inclusion. Volume has grown significantly as the company matured.

Average Daily Volume 120K+ contracts
Total Open Interest 1.5M+ contracts
Put/Call Ratio 0.55 - 0.75 typical
Typical ATM Spread $0.02 - $0.05 ATM
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Excellent

UBER options liquidity has improved significantly. Tight spreads at major strikes.

3 UBER Volatility Profile

UBER implied volatility has moderated as the company achieved profitability. IV still spikes around earnings and regulatory news.

Low IV Environment
25% - 35%
Below average volatility
Typical IV Range
35% - 45%
Normal conditions
Elevated IV
45% - 65%
Above average volatility

Earnings Impact

IV builds moderately before earnings. Gross bookings and profitability metrics are key focus areas.

Historical Volatility vs IV

IV trades at modest premium as regulatory and competitive risks persist.

Term Structure

Usually contango. Term structure has normalized from volatile early years.

View UBER IV Analytics

UBER Gamma Exposure (GEX)

Gamma Exposure analysis for UBER shows institutional hedging patterns typical of large-cap tech.

Typical GEX Profile: UBER operates in positive gamma with orderly dealer hedging post-S&P inclusion.

Key Levels: Round dollar strikes attract institutional positioning.

Dealer Hedging: Dealer hedging is increasingly orderly as institutional ownership grows.

View Live UBER GEX

4 Common UBER Options Strategies

These are strategies commonly used by traders on UBER options, based on typical market characteristics. This is not investment advice.

Generate income on UBER holdings. Premiums are attractive for a maturing tech company.

Accumulate shares at lower prices. S&P 500 inclusion adds stability.

Vertical Spreads Directional

Defined-risk directional plays around earnings.

LEAPS Calls Long-Term

Long-term exposure to continued growth and profitability expansion.

Range-bound strategies as volatility has normalized.

Key Considerations for UBER Options

  • Uber has achieved sustained profitability - a major milestone
  • S&P 500 inclusion brings index fund buying and stability
  • Uber Eats growth and profitability are closely watched
  • Autonomous vehicle partnerships could transform long-term cost structure
  • Regulatory risks persist in various markets
  • Competition from Lyft (rides) and DoorDash (delivery) continues

Frequently Asked Questions: UBER Options

How liquid are UBER options?

UBER options are highly liquid with average daily volume exceeding 120,000 contracts and tight spreads at major strikes.

What is UBER's typical implied volatility?

UBER implied volatility typically ranges from 25% to 65%. Normal conditions see IV between 35-45%, lower than in its early public years.

Is UBER profitable?

Yes, Uber achieved sustained profitability in 2023-2024 after years of losses. This profitability milestone led to S&P 500 inclusion.

When does UBER report earnings?

UBER reports quarterly in February, May, August, and November.

How did S&P 500 inclusion affect UBER?

S&P 500 inclusion brought significant index fund buying, increased institutional ownership, and reduced volatility as UBER is now viewed as a mature company.

What is the best time to trade UBER options?

The most liquid trading hours for UBER options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate UBER option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for UBER options across all strikes and expirations.

What happens to UBER options at expiration?

In-the-money UBER options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

Explore UBER Options Data

Access institutional-grade analytics including gamma exposure, implied volatility, and real-time options flow.