CAR250919C00230000 Option on Avis Budget Group

CAR Stock  USD 169.05  5.17  2.97%   
CAR250919C00230000 is a PUT option contract on Avis Budget's common stock with a strick price of 230.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 81 days remaining before the expiration. The option is currently trading at a bid price of $5.5, and an ask price of $6.7. The implied volatility as of the 30th of June is 81.0.
When exercised, put options on Avis Budget produce a short position in Avis Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Avis Budget's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Avis Budget Group will have an average daily up or down price movement of about 0.0395% per day over the life of the option. With Avis Budget trading at USD 169.05, that is roughly USD 0.0668. If you think that the market is fully understating Avis Budget's daily price movement you should consider buying Avis Budget Group options at that current volatility level of 0.63%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Avis Budget

An 'Out of The Money' option on Avis has a strike price that Avis Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Avis Budget's 'Out of The Money' options include buying the options if you expect a big move in Avis Budget's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NameCAR250919C00230000
Expires On2025-09-19
Days Before Expriration81
Delta0.229851
Vega0.252172
Gamma0.005781
Theoretical Value6.1
Open Interest5
Strike Price230.0
Last Traded At8.8
Current Price Spread5.5 | 6.7
Rule 16 Daily Up or DownUSD 0.0668

Avis short PUT Option Greeks

Avis Budget's Option Greeks for the contract ending on 2025-09-19 at a strike price of 230.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Avis Budget's option greeks, its implied volatility helps estimate the risk of Avis Budget stock implied by the prices of the options on Avis Budget's stock.
Delta0.229851
Gamma0.005781
Theta-0.099917
Vega0.252172
Rho0.077193

Avis long PUT Option Payoff at expiration

Put options written on Avis Budget grant holders of the option the right to sell a specified amount of Avis Budget at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Avis Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Avis Budget is like buying insurance aginst Avis Budget's downside shift.
   Profit   
       Avis Budget Price At Expiration  

Avis short PUT Option Payoff at expiration

By selling Avis Budget's put option, the investors signal their bearish sentiment. A short position in a put option written on Avis Budget will generally make money when the underlying price is above the strike price. Therefore Avis Budget's put payoff at expiration depends on where the Avis Stock price is relative to the put option strike price. The breakeven price of 236.1 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Avis Budget's price. Finally, at the strike price of 230.0, the payoff chart is constant and positive.
   Profit   
       Avis Budget Price At Expiration  
View All Avis Budget Options

Avis Budget Group Available Call Options

Avis Budget's option chain is a display of a range of information that helps investors for ways to trade options on Avis. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Avis. It also shows strike prices and maturity days for a Avis Budget against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
CAR250919C002600000260.01.0 - 4.51.0Out
Call
CAR250919C002500000250.01.65 - 5.71.65Out
Call
CAR250919C002400000240.04.3 - 5.94.3Out
Call
CAR250919C002300005230.05.5 - 6.78.8Out
Call
CAR250919C0022000010220.07.1 - 8.89.19Out
Call
CAR250919C002100009210.08.2 - 10.69.5Out
Call
CAR250919C0020000011200.010.8 - 13.014.7Out
Call
CAR250919C0019500015195.012.3 - 15.415.8Out
Call
CAR250919C001900008190.014.0 - 16.417.22Out
Call
CAR250919C0018500026185.016.1 - 18.919.4Out
Call
CAR250919C00180000515180.017.5 - 20.820.9Out
Call
CAR250919C0017500022175.020.1 - 22.223.1Out
Call
CAR250919C0017000028170.022.1 - 24.529.0In
Call
CAR250919C0016500022165.025.4 - 27.326.3In
Call
CAR250919C00160000125160.028.2 - 30.130.25In
Call
CAR250919C0015500046155.031.0 - 33.435.59In
Call
CAR250919C0015000078150.033.8 - 36.343.46In
Call
CAR250919C0014500054145.036.6 - 39.450.5In
Call
CAR250919C00140000249140.040.9 - 43.143.17In
Call
CAR250919C00135000959135.044.4 - 46.942.51In
Call
CAR250919C00130000106130.048.2 - 50.522.15In
Call
CAR250919C0012500097125.052.4 - 54.919.5In
Call
CAR250919C00120000674120.056.3 - 59.166.27In
Call
CAR250919C0011500054115.060.8 - 63.562.2In
Call
CAR250919C00110000149110.065.0 - 68.065.9In
Call
CAR250919C00105000137105.069.8 - 72.484.3In
Call
CAR250919C00100000246100.074.7 - 77.475.1In
Call
CAR250919C0009500011595.079.3 - 82.479.3In
Call
CAR250919C0009000034890.083.9 - 87.383.56In
Call
CAR250919C0008500013685.088.6 - 92.361.5In
Call
CAR250919C00080000116180.093.9 - 97.043.47In
Call
CAR250919C0007500083775.098.9 - 101.895.07In
Call
CAR250919C0007000082070.0103.6 - 106.8114.45In
Call
CAR250919C00065000965.0108.3 - 111.7108.3In
Call
CAR250919C00060000460.0113.2 - 116.6113.2In
Call
CAR250919C000550001855.0118.0 - 121.5118.0In
Call
CAR250919C00050000550.0122.8 - 127.065.07In

Avis Budget Corporate Management

Jean SeraGeneral VPProfile
Brian ChoiExecutive OfficerProfile
Bernardo HeesNonIndependent ChairmanProfile
John ONeillSenior OperationsProfile
Vanessa WolczakHead MarketingProfile

Additional Tools for Avis Stock Analysis

When running Avis Budget's price analysis, check to measure Avis Budget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.