Options Brief: Avis Budget Group

Shares of Avis Budget Group CAR are lower on the session by 0.65%, trading at $13.75. Overall put volume is now running at 10.26x the daily average, with 84% of all puts traded being purchases on the offer. 4,237 contracts have traded on the session so far. Avis Budget Group, Inc. operates in two brands in the global vehicle rental industry through Avis and Budget. Avis is a rental car supplier positioned to serve the commercial and leisure segments of the travel industry and Budget is a rental car supplier.