Avis Budget Group (CAR) Options Chain

NASDAQ: CARConsumer DiscretionaryRental/Leasing CompaniesUSD

105.98-4.02 (-3.65%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 468
Share price: $105.98
Put/call ratio (OI): 1.94
Put/call ratio (volume): 1.09
ATM implied volatility: 55.2%
Expected move: ±$66.21
Open interest (C / P): 1.38K / 2.67K

CAR options summary

The CAR options chain for the January 21, 2028 expiration lists 88 call and 71 put contracts, with 468 days until expiration. Open interest stands at 1,377 calls and 2,666 puts, a put/call ratio of 1.94, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $105.00 strike is 55.2%, which implies the market expects a move of about ±$66.21 (62.5%) in Avis Budget Group stock by expiration.

The most open interest sits at the $170.00 call (105 contracts) and the $70.00 put (618 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CAR options chain · January 21, 2028

CAR calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
48	2	—	136.10	106.00	123.70	50.00	2.30	4.00	2.60	59.5%	1	48
41	1	84.3%	89.20	54.00	68.00	55.00	0.65	5.50	5.00	52.8%	4	5
12	22	—	133.30	98.10	116.00	60.00	4.40	6.70	4.80	58.5%	1	8
5	1	306.0%	165.60	82.30	116.00	65.00	0.00	8.10	5.51	62.0%	2	19
0	1	—	120.00	111.80	133.60	70.00	8.20	9.60	7.50	58.3%	10	618
1	—	236.5%	158.30	72.00	108.00	75.00	9.20	11.40	11.00	56.4%	1	5
3	1	187.9%	87.00	73.80	85.60	80.00	4.00	14.70	10.57	62.6%	22	29
1	1	182.5%	276.00	64.00	91.00	85.00	9.00	11.00	10.20	46.5%	6	15
1	2	242.4%	113.80	82.90	96.00	90.00	15.50	18.90	18.40	56.0%	4	322
10	2	136.4%	63.20	57.30	66.60	95.00	18.40	21.60	21.06	56.3%	18	9
23	1	70.7%	32.00	29.30	41.00	100.00	19.90	23.60	23.90	53.7%	1	604
0	2	—	85.20	0.00	0.00	105.00	24.10	26.70	25.35	55.2%	3	0
CAR $105.98
0	1	0.8%	41.21	0.00	0.00	110.00	25.60	31.10	24.87	54.7%	1	27
0	1	1.6%	19.70	0.00	0.00	115.00	29.00	37.50	30.80	58.1%	174	2
5	1	158.6%	235.84	55.40	73.50	120.00	32.80	37.40	35.00	54.8%	2	71
4	1	273.8%	289.72	76.20	108.00	125.00	36.70	40.80	27.29	55.1%	4	27
5	1	66.4%	22.24	17.40	30.20	130.00	0.00	0.00	34.30	—	4	0
60	2	130.7%	61.17	46.60	56.20	135.00	30.50	35.20	33.95	31.3%	1	35
66	2	68.3%	29.80	17.10	27.50	140.00	44.80	51.30	49.02	51.0%	2	124
3	1	233.2%	322.37	72.80	93.20	145.00	49.00	55.00	52.80	51.0%	35	142
0	1	6.3%	82.00	0.00	0.00	150.00	0.00	0.00	45.90	—	2	0
3	2	122.0%	61.80	39.80	48.70	155.00	42.30	50.30	47.04	24.1%	2	21
17	2	120.4%	57.60	38.30	47.10	160.00	41.50	51.10	50.50	—	18	25
10	1	69.6%	17.81	15.20	20.80	165.00	63.70	71.40	63.33	57.5%	1	7
105	1	63.9%	16.32	7.80	21.20	170.00	48.10	58.00	55.50	—	—	1
5	2	68.9%	24.55	13.50	18.60	175.00	—	—	—	—	—	—
34	4	114.8%	48.48	32.90	41.20	180.00	40.10	75.90	62.65	33.4%	3	3
1	2	204.5%	67.31	56.40	87.70	185.00	44.00	74.10	73.04	—	1	2
30	60	112.5%	42.40	30.50	38.70	190.00	48.00	83.90	69.76	—	4	14
6	1	68.5%	14.47	10.50	15.90	195.00	52.00	88.00	70.20	—	1	1
65	2	71.0%	12.01	10.90	16.50	200.00	71.70	77.20	70.25	—	1	32
31	7	70.0%	12.00	10.10	14.20	210.00	73.40	106.60	62.00	43.0%	—	1
31	1	110.5%	46.97	24.90	34.90	220.00	0.00	0.00	98.50	—	3	0
4	2	106.2%	35.40	23.80	29.70	230.00	—	—	—	—	—	—
13	1	70.8%	15.02	7.50	12.10	240.00	101.80	110.60	99.46	—	2	4
2	1	68.7%	11.12	4.80	11.70	250.00	88.00	119.90	122.10	—	1	69
24	13	71.8%	18.40	6.50	11.00	260.00	114.00	130.00	102.53	—	1	9
2	2	125.1%	49.86	24.00	40.00	270.00	125.00	134.70	120.10	—	1	248
2	—	121.3%	95.25	16.10	42.60	280.00	167.00	179.10	148.00	64.4%	7	10
7	1	72.9%	7.50	5.00	8.80	300.00	150.80	164.00	137.50	—	5	58
2	1	73.1%	11.58	4.60	8.40	310.00	136.00	172.00	178.00	—	1	13
26	25	66.5%	5.80	1.05	7.30	320.00	148.00	180.00	178.00	—	1	1
0	5	25.0%	14.40	0.00	0.00	350.00	177.40	204.00	200.75	—	3	3
3	1	147.5%	40.10	20.70	52.00	360.00	—	—	—	—	—	—
1	1	151.0%	20.52	20.00	54.90	370.00	188.00	224.00	178.00	—	1	0
14	3	74.4%	6.26	2.80	6.20	380.00	—	—	—	—	—	—
3	6	96.3%	22.27	8.80	14.00	390.00	—	—	—	—	—	—
54	2	82.7%	6.93	2.90	9.70	400.00	246.00	262.00	250.00	—	1	3
12	1	92.9%	13.50	4.00	14.80	410.00	255.00	284.00	185.00	—	—	1
4	—	96.6%	20.62	7.70	13.10	420.00	232.10	258.70	177.00	—	2	2
16	16	87.2%	13.90	4.00	9.70	430.00	244.00	268.70	250.77	—	—	0
15	12	117.0%	24.03	10.00	26.00	440.00	252.00	277.30	193.00	—	—	0
2	4	118.0%	25.85	10.00	26.00	450.00	260.00	292.50	198.00	—	1	2
24	23	104.5%	9.40	4.00	20.00	460.00	308.40	319.90	302.55	—	1	0
1	3	115.1%	18.54	8.00	24.00	470.00	0.00	0.00	303.00	—	30	0
5	2	87.8%	3.35	1.85	9.70	480.00	—	—	—	—	—	—
100	1	77.5%	5.29	1.75	4.40	490.00	—	—	—	—	—	—
58	1	77.4%	3.15	1.70	4.10	500.00	352.00	372.00	351.88	—	1	0
27	54	118.4%	22.29	8.00	24.00	510.00	—	—	—	—	—	—
0	1	25.0%	19.72	0.00	0.00	520.00	—	—	—	—	—	—
—	—	—	—	—	—	530.00	341.00	362.60	376.77	—	5	1
22	21	90.4%	10.00	2.50	8.10	540.00	350.40	370.90	380.00	—	10	10
24	21	92.2%	10.30	0.05	11.20	550.00	356.10	387.90	351.30	—	—	1
3	4	149.3%	28.80	16.70	40.00	560.00	364.00	404.00	369.70	—	1	0
0	1	25.0%	17.12	0.00	0.00	580.00	—	—	—	—	—	—
12	11	119.2%	20.12	8.00	20.00	590.00	392.00	425.30	285.69	—	—	0
36	1	80.4%	2.11	1.15	3.50	600.00	404.00	436.40	320.00	—	3	1
24	5	92.9%	4.28	1.00	8.70	610.00	—	—	—	—	—	—
26	1	113.7%	16.90	2.45	19.90	620.00	—	—	—	—	—	—
16	—	101.6%	10.90	0.05	13.50	640.00	524.00	542.00	519.70	105.8%	5	1
—	—	—	—	—	—	650.00	452.10	484.40	385.00	—	2	0
2	1	118.2%	40.00	4.00	19.60	670.00	472.00	498.50	397.45	—	—	0
—	—	—	—	—	—	680.00	564.00	579.00	566.20	97.5%	20	9
—	—	—	—	—	—	690.00	574.00	592.50	575.62	110.1%	1	3
25	4	115.9%	9.50	1.15	19.60	700.00	584.00	604.00	585.65	56.1%	2	0
1	—	125.6%	28.50	9.30	18.30	710.00	—	—	—	—	—	—
—	—	—	—	—	—	720.00	520.00	560.00	526.00	—	—	0
1	1	126.2%	14.00	9.20	18.10	730.00	—	—	—	—	—	—
11	1	117.3%	11.38	0.00	20.00	750.00	552.00	588.00	532.90	—	3	0
1	1	117.8%	11.33	0.00	20.00	760.00	560.00	600.00	445.00	—	—	0
5	5	118.3%	17.44	0.05	20.00	770.00	—	—	—	—	—	—
14	1	103.3%	2.00	0.30	10.00	800.00	600.00	640.00	472.00	—	—	0
1	2	98.7%	2.05	0.25	7.50	820.00	—	—	—	—	—	—
1	1	114.6%	29.27	0.10	15.30	850.00	—	—	—	—	—	—
—	—	—	—	—	—	880.00	680.00	716.00	534.00	—	—	0
3	2	114.5%	17.20	0.00	14.20	900.00	700.00	736.00	640.00	—	—	0
24	4	124.0%	6.11	0.00	20.00	910.00	—	—	—	—	—	—
1	1	114.0%	12.00	0.00	13.50	920.00	—	—	—	—	—	—
28	1	87.6%	1.40	0.00	2.40	1,000.00	800.00	836.00	668.00	—	—	0
—	—	—	—	—	—	1,110.00	912.00	952.00	901.83	—	10	0
1	—	115.1%	134.40	0.00	10.70	1,120.00	—	—	—	—	—	—
1	1	115.1%	24.00	0.00	10.60	1,130.00	—	—	—	—	—	—
6	5	117.9%	5.25	1.35	10.50	1,140.00	—	—	—	—	—	—
2	2	116.5%	22.00	0.00	11.00	1,150.00	—	—	—	—	—	—
39	2	118.6%	5.77	1.10	9.40	1,270.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CAR put/call ratio?

For the January 21, 2028 expiration, the CAR put/call ratio based on open interest is 1.94 (2,666 puts vs 1,377 calls), and 1.09 based on today's volume. A ratio above 1 means more puts than calls.

What is CAR's implied volatility?

At-the-money implied volatility for CAR options expiring January 21, 2028 is about 55.2%, an annualized estimate of how much the market expects Avis Budget Group stock to move.

How many CAR option expiration dates are there?

CAR has 15 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.