Hertz Global Holdings call volume above normal and directionally bullish
The Fly

Hertz Global Holdings call volume above normal and directionally bullish

Bullish option flow detected in Hertz Global Holdings with 1,615 calls trading, 1.5x expected, and implied vol increasing over 5 points to 170.35%. Sep-24 5 calls and Sep-24 7.5 calls are the most active options, with total volume in those strikes near 800 contracts. The Put/Call Ratio is 0.35. Earnings are expected on August 12th.

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