What do whales do with Avis Budget Gr

A whale with lots of money to spend has taken a noticeably bearish stance on Reviews Budget Gr.

Review of Option History for Avis Budget Gr SELF we have detected 15 strange trades.

Looking at the specifics of each trade, it is correct to say that 20% of investors opened trades with bullish expectations and 80% with bearish expectations.

Of all the transactions identified, 11 are puts, for a total amount of $1,203,111 and 4 are calls, for a total amount of $132,850.

What is the target price?

Given the volume and open interest on these contracts, it appears whales have been targeting a price range of $210.0-$270.0 for Avis Budget Gr over the past 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Avis Budget Gr options for a given strike price. Below we can observe the evolution of volume and open interest of calls and puts, respectively, for all Avis Budget Gr whale trades within a strike price range of 210, $0 to $270.0 in the last 30 days.

Volume of Avis Budget Gr options and open interest in the last 30 days

The biggest options spotted:









Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
SELF PUT SCANNING BEARISH 08/19/22 $270.00 $388.8,000 40 1.2K
SELF PUT SCANNING BEARISH 08/19/22 $270.00 $347.5,000 40 1.3K
SELF PUT SCANNING BEARISH 08/19/22 $270.00 $145.4,000 40 66
SELF PUT TRADE NEUTRAL 08/19/22 $270.00 $52,200 40 ten
SELF PUT TRADE NEUTRAL 08/19/22 $270.00 $46,300 40 994

Where is Avis Budget Gr at the moment?

  • With a volume of 440,238, CAR’s price is down -6.36% to $272.69.
  • RSI indicators suggest that the underlying stock may be close to overbought.
  • The next results should be published in 89 days.

What the experts say about Avis Budget Gr:

  • B of A Securities cut its stock to Underperform with a price target of $240
  • Barclays upgraded its stock to Equal-Weight with a price target of $245

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trading for {d[company_name]}, BenzingaProgives you real-time alerts on options trades.

Comments are closed.