Avis Budget Stock Swiftly Quadrupled Bears' Money

Expiration Week Countdown subscribers just quadrupled their money in less than five days with our Avis Budget Group Inc (NASDAQ:CAR) April 115 put recommendation, which they received on Sunday, April 14. Let's take a look how this trade played out to these bears' advantage.At the time of our recommendation, shares of the car rental giant were rejected at the 38% Fibonacci retracement of its February downside move, which coincided with the 50-day moving average. Additionally, the security was seeing a breakd ...