Without going into detail that I gave on same trade with Lyft, have opened a long strangle with x date of 9.13. The later date is because that there is great opportunity to make profit on both legs.

1. For the call I believe in very short term could be looking at a double bottom (lack of any afternoon downward movement -or any movement period) leads me to believe could get a near term bounce to 34.75-35.25. This would be time to close call portion and watch as Uber continues its fall to 27-28.

The important part on this is not to close too early as if rallies above 36it could have some upward momentum before falling, but by 13th both legs should have returned a very healthy profit.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out