Author argues Avis (CAR) is in a relentless short squeeze with no natural sellers and expects it to keep running for at least a day or two, while flagging Hertz (HTZ) as a lower-risk correlated cheap-call play.
CAR — LONG The author says CAR is a textbook short squeeze with no natural sellers and predicts it will keep running for at least a day or two due to a lack of float. He states he closed a losing short and went extra long via call options, treating them as hedge plus added directional exposure despite 270% ATM IV and wide spreads. The main stated risk is that brokers could liquidate him despite his hedge, turning the situation into a black swan.
Went extra long today (my hedge calls plus more today) and am almost back to breakeven.
This Reddit post, published April 20, 2026, features u/Fit_Equal6932 discussing CAR. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Fit_Equal6932 · Tickers: CAR