Avis Budget call volume above normal and directionally bullish
The Fly

Avis Budget call volume above normal and directionally bullish

Bullish option flow detected in Avis Budget with 2,392 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 51.00%. 4/5 weekly 128 calls and Apr-24 125 calls are the most active options, with total volume in those strikes near 780 contracts. The Put/Call Ratio is 0.32. Earnings are expected on April 29th.

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