Moderately bullish activity in Hertz Global Holdings (HTZ), with shares up 28c, or 4.78%, near $6.03. Options volume relatively light with 7506 contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 1.09. Implied volatility (IV30) is higher by 2.1 points near 83.81,and below the 52wk median, suggesting an expected daily move of $0.32. Put-call skew steepened, indicating increased demand for downside protection.
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