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Hertz Global Holdings call volume above normal and directionally bullish

Bullish option flow detected in Hertz Global Holdings with 1,469 calls trading, 1.4x expected, and implied vol increasing almost 2 points to 161.23%. Aug-24 10 calls and Aug-24 12.5 calls are the most active options, with total volume in those strikes near 770 contracts. The Put/Call Ratio is 0.07. Earnings are expected on August 12th.

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