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.
Claim 55% 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>>
Read More on HTZ:
- Hertz may have better liquidity later in year after ATM issuance, says Barclays
- New ETF Will Track Bill Ackman’s Investments
- Moderately bullish activity in Hertz Global Holdings with shares down 2.55%
- Hertz Global Elects Directors at Annual Meeting
- Hertz Global Holdings call volume above normal and directionally bullish
