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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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