Bearish flow noted in Hertz Global Holdings with 4,564 puts trading, or 1.3x expected. Most active are Sep-23 15 puts and Dec-23 15 puts, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 15.26, while ATM IV is up over 1 point on the day. Earnings are expected on October 26th.
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