HTZ should not be valued at five bucks and change -- so, here's how I'd play the low-rent name right now.
If you think you missed out after Friday's action, you are wrong,
The new options are trading on the stock, so using a put spread might be a better way to target a lower entry.
This is an excellent chance to take another dip into some of the names I love.
A close above $18 would go a long way towards making breakout buyers feel better.
The Covid-19 lockdowns and social unrest are two strikes against investors, who'd do well to be happy with hitting singles amid the uncertainty.
From a risk/reward standpoint these are super cheap.
The company has been transitioning from a transactional hardware sales model to a subscription software model.
With price pushing above resistance today, a small upside play could be considered here, especially if you remain under invested.
There is a lot of pent-up selling in the markets.