UNCOVERED: How to make a 2 0 yield with uber over the next month | History Defined

One way to play UBER Technologies (UBER) stock, to set a lower buy-in target and still get paid a 2% yield over the next month, is to sell short 5% out-of-the-money (OTM) puts. This article will show how to do this.

UBER is at $83.92 in midday trading on Friday, June 20, which is off its recent highs. I previewed this in my May 16 Barchart article, “UBER Stock Soars After Strong Earnings and Cash Flow—But is it a Buy?”