Serenity
2026.04.21 01:17

I didn't know there was a brand new bottleneck in rental cars?

$Avis Budget(CAR.US) up 509% in 1M.

Apparently, this is a short squeeze done by institutions.

> SRS / Pentwater locked up over 100%+ of the supply.

> 54% of the stock was sold short.

> Then Pentwater executed a massive block of call options, forcing share delivery, which was nonexistent.

I have no positions, but it’s fun to watch institutions fight it out.

Infinite money glitch?

Source: Serenity

  • 0

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.