Avis Budget call volume above normal and directionally bullish

Bullish option flow detected in Avis Budget with 3,274 calls trading, 2x expected, and implied vol increasing over 1 point to 69.66%. 9/27 weekly 93 calls and 9/27 weekly 135 calls are the most active options, with total volume in those strikes near 980 contracts. The Put/Call Ratio is 0.33. Earnings are expected on November 11th.

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