Calls Purchased in Dollar Thrifty

Shares of Dollar Thrifty Automotive Group DTG are on the rise today, currently higher by 1.09% to $49.96 as the overall market falls hard. Bulls are betting on more upside in the name as well with the June $50 call strike purchased on the offer over 2,500 times for an average price of $3.05. Dollar Thrifty Automotive Group exhibits all the signs of a bull stock. It is well above the 50-day and 200-day moving averages and looks like it is going to break upwards, through the $50 resistance level now. Get long this stock; it is an obvious choice in a tough market. Just look at today’s performance.