The options market are implying a move of 13% on earnings tomorrow, been on the wrong side of that move would definitely hurt. We will be taking a small long into earnings as we believe a surpirse may be on the cards, the chart also has become more bullish lately after forming a double bottom.
Company Description
Hertz Global Holdings, Inc. provides car rental services. It operates as a vehicle rental business globally through its Hertz, Dollar, and Thrifty car rental brands. The company operates through the following segments: U.S. Rental Car, International Rental Car, and All Other Operations. The U.S. Rental Car segment deals with rental of vehicles, as well as sales of ancillary products and services in the U.S. The International Rental Car segment provides rental and leasing of vehicles, as well as sales of ancillary products and services internationally. All Other Operations segment offers vehicle leasing and fleet management services, and other business activities through its subsidiary DonLen.
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