Just looking at the chart for the past few days, UBER appears to carry its momentum into the next day followed by a few days of consolidation. Given the strong performance on Friday, this should continue to run into Tuesday. End of week contracts would start scaling out Wednesday afternoon, leaving a few risky runners for Thursday. More conservative traders should just exit on Tuesday.
Just an idea. This is not financial advice.
Just an idea. This is not financial advice.
Comment:
This would be an instance of "expecting the stock to move half the anticipated distance in half of the time of the contract". If it doesn't move tomorrow, there is a case to be made for holding one more day and seeing what Wednesday looks like.