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%.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CAR: