RBOB gasoline prices dropped significantly. Uber Technologies (UBER.US) proposed to reduce the basic salary of New York drivers.
The rbob gasoline price has dropped by about 38% from its peak in 2022; uber technologies and driver groups have been lobbying for various rule changes.
Uber Asks NYC Taxi Commission to Lower Minimum Pay Rate to Adjust for Cheaper Gas
Market Chatter: Uber Seeks to Cut New York City Drivers' Base Pay Rate
Street Color: Uber Plans to Lower Minimum Wage of New York City Drivers, Bloomberg Reports
Uber Proposes Cutting NYC Driver Minimum Pay on Lower Gas Prices
Unusual Options Activity: MSFT, SATS and Others Attract Market Bets, MSFT V/OI Ratio Reaches 90.2
EST Nov 4th Morning Delivery - In the last two hours of trading, 10 options with a high V/OI ratio were detected. With the market volatile, it's crucial to stay informed on the latest options trends.