Uber position update and thoughts going forward

- Original post predicted Uber would miss earnings - Created short position of 100 shares, 18 July $70 puts, and 15 May $65 puts - Added to position, now short 1100 shares - Options gains of $8,185, short up roughly $2,600 - CEO of Uber is unreliable, company doesn't invest in self-driving - Uber stock divorced from reality, inflated without fundamental news - Dependent on consumer spending, regulators, and market fluctuations - Uber could face more challenges in the future - Uber holds unprofitable investments, doesn't prioritize innovation or profitability - Stock analyst believes Uber is overvalued and will drop further

Summarized top reddit comments: - Seeking ways to make profits and avoid working at Wendy's - Suggestions to visit a soup kitchen for assistance