Hertz Global (HTZ) options active on sharp price movement

Hertz Global (NYSE: HTZ) 30-day option implied volatility is at 291; compared to its 52-week range of 40 to 471 after the company announced that it has secured commitments for debtor-in-possession ("DIP") financing totaling $1.65B and has filed a motion for approval of the financing by the U.S. Bankruptcy Court for the District of Delaware. Hertz (HTZ) call put ratio 2.8 calls to 1 put.

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