Bullish option flow detected in Avis Budget with 2,392 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 51.00%. 4/5 weekly 128 calls and Apr-24 125 calls are the most active options, with total volume in those strikes near 780 contracts. The Put/Call Ratio is 0.32. Earnings are expected on April 29th.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAR:
- Snowflake, MongoDB downgraded to Sell: Wall Street’s top analyst calls
- Avis Budget initiated with a Buy at BofA
- Morgan Stanley upgrades U.S. auto industry view to Attractive from In-Line
- Avis Budget price target lowered to $190 from $230 at Morgan Stanley
- Avis Budget Group Announces Pricing of €600 Million of Senior Notes