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Hertz Global Holdings call volume above normal and directionally bullish

Bullish option flow detected in Hertz (HTZ) Global Holdings with 7,942 calls trading, 1.3x expected, and implied vol increasing almost 5 points to 86.16%. 7/3 weekly 6.5 calls and 6/27 weekly 6 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.16. Earnings are expected on August 7th.

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