Bearish flow noted in Rocket Companies with 3,129 puts trading, or 2x expected. Most active are Mar-23 9 puts and Mar-23 16 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.58, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 23rd.
Published first on TheFly
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Read More on RKT:
- Rocket Companies call volume above normal and directionally bullish
- Unusually active option classes on open January 19th
- Unusually active option classes on open January 18th
- Unusually active option classes on open January 11th
- Rocket Companies price target raised to $8 from $7 at JPMorgan
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