Pre-earnings options volume in Avis Budget (CAR) is 2.0x normal with calls leading puts 5:4. Implied volatility suggests the market is anticipating a move near 7.7%, or $11.99, after results are released. Median move over the past eight quarters is 12.5%.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAR: