Bullish option flow detected in Hertz Global Holdings with 9,811 calls trading, 7x expected, and implied vol increasing almost 4 points to 71.66%. Dec-23 10 calls and Jan-25 17.5 puts are the most active options, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 0.31. Earnings are expected on February 6th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HTZ:
- Biogen upgraded, Take-Two downgraded: Wall Street’s top analyst calls
- Avis Budget initiated with a Sell at Goldman Sachs
- Hertz initiated with a Neutral at Goldman Sachs
- Hertz Global Holdings call volume above normal and directionally bullish
- Hertz, EVgo announce joint promotion to offer special charging rates