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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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