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Avis Budget call volume above normal and directionally bullish

Bullish option flow detected in Avis Budget with 5,532 calls trading, 6x expected, and implied vol increasing almost 5 points to 70.03%. 9/27 weekly 80 calls and 9/27 weekly 90 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.14. Earnings are expected on November 11th.

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