Hertz Global Holdings call volume above normal and directionally bullish

Bullish option flow detected in Hertz (HTZ) Global Holdings with 23,789 calls trading, 1.0x expected, and implied vol increasing almost 6 points to 100.38%. 5/23 weekly 6.5 calls and 5/23 weekly 7 calls are the most active options, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 0.28. Earnings are expected on July 31st.