Calls Active on Dollar Thrifty Automotive Group (DTG)

Shares of Dollar Thrifty Automotive Group DTG are higher on the session by 13.12%, currently trading at $78.83. The stock has been moving higher all session long after Hertz HTZ made a renewed bid for the auto rental company. Hertz is offering $57.60 in cash plus .8546 HTZ shares. Options traders are buying calls on the name today. A short while ago the June $80/85 call spread was purchased 2,000, on the offer, for $1.30. The May/July $75 call spread was also bought 1,500x for $1.70. Dollar Thrifty Automotive Group, Inc. is engaged in the business of the daily rental of vehicles to business and leisure customers through company-owned stores. The company also sells vehicle rental franchises worldwide and provides sales and marketing, reservations, data processing systems, insurance and other services to franchisees.