Bearish flow noted in Hertz Global Holdings with 3,500 puts trading, or 4x expected. Most active are Aug-23 17.5 puts and Jul-23 20 calls, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 7.95, while ATM IV is up over 3 points on the day. Earnings are expected on July 27th.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on HTZ: