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UBER Jun 2024 55.000 call

OPR - OPR Delayed price. Currency in USD
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9.70-0.30 (-3.00%)
As of 01:55PM EDT. Market open.
Full screen
Previous close10.00
Open9.50
Bid8.30
Ask10.15
Strike55.00
Expiry date2024-06-21
Day's range9.50 - 9.70
Contract rangeN/A
Volume15
Open interest6.61k
  • LA Times

    California Supreme Court to hear arguments on Uber, Lyft-backed Prop. 22

    California's Supreme Court will hear arguments on the constitutionality of Proposition 22, which classified drivers working in the gig economy as independent contractors.

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  • Reuters

    California court to weigh fate of law treating app-based drivers as contractors

    California's top state court on Tuesday will consider a labor union's challenge to a ballot measure allowing app-based services such as Uber and Lyft to classify drivers in the state as independent contractors rather than as employees with more benefits. The seven-member California Supreme Court will hear oral arguments in San Francisco in a lawsuit by the Service Employees International Union (SEIU) and four drivers who say the 2020 ballot measure known as Proposition 22 was unconstitutional. Whether gig workers should be treated as employees or contractors is a crucial issue for the industry, as employees are entitled to the minimum wage, overtime pay, reimbursements for expenses and other protections that do not extend to independent contractors, who as a result can cost companies up to 30% less, according to several studies.