Bullish option flow detected in Rocket Companies with 8,014 calls trading, 2x expected, and implied vol increasing almost 2 points to 54.79%. Dec-24 14 calls and Jul-24 13.5 calls are the most active options, with total volume in those strikes near 6,400 contracts. The Put/Call Ratio is 0.06. Earnings are expected on August 1st.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RKT:
- Rocket Companies price target raised to $10 from $9 at Barclays
- Rocket Companies price target raised to $13.50 from $11 at JPMorgan
- Rocket Companies Streamlines Credit Operations, Bolsters Finance Strategy
- Heather Lovier Appointed as COO of Rocket Companies
- CFPB opens public inquiry into rising mortgage closing costs