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Hertz Global Holdings call volume above normal and directionally bullish

Bullish option flow detected in Hertz (HTZ) Global Holdings with 44,469 calls trading, 4x expected, and implied vol increasing almost 10 points to 111.49%. 5/1 weekly 7 calls and 5/1 weekly 8 calls are the most active options, with total volume in those strikes near 15,300 contracts. The Put/Call Ratio is 0.07. Earnings are expected on May 7th.

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