Bearish flow noted in Hertz Global Holdings with 9,067 puts trading, or 4x expected. Most active are Dec-26 2.5 puts and Mar-24 5 puts, with total volume in those strikes near 8,400 contracts. The Put/Call Ratio is 17.99, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on HTZ: