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Avis Budget options imply 10.5% move in share price post-earnings
The Fly

Avis Budget options imply 10.5% move in share price post-earnings

Pre-earnings options volume in Avis Budget is 4.3x normal with calls leading puts 7:4. Implied volatility suggests the market is anticipating a move near 10.5%, or $17.88, after results are released. Median move over the past eight quarters is 5.7%.

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