Apr. 3 at 2:29 AM
Big move on
$HTZ today
Saw a massive sweep of 14,736 Apr 10
$6 calls, all at the ask, putting down about
$103K
That's a huge bet with just 8 days to expiry and a shift in options sentiment
HTZ has been on a tear, up 15% this week even with today's 1.35% dip
This call action screams momentum play, not hedging
Watch out, shorts, this trend might not be your friend
These calls are about 19% out-of-the-money and priced like a lottery ticket
If you're thinking of jumping in, keep it small
Time decay is going to hit hard if HTZ doesn't keep moving