Bullish option flow detected in Rocket Companies with 5,807 calls trading, 1.5x expected, and implied vol increasing almost 3 points to 50.41%. 3/1 weekly 12.5 calls and Mar-24 12 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.16. Earnings are expected on May 2nd.
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Read More on RKT:
- Rocket Companies sees Q1 revenue $92M-$1.08B, consensus $929.87M
- Rocket Companies reports Q4 adjusted EPS 0c, consensus (4c)
- Rocket Companies Announces Fourth Quarter and Full Year 2023 Results
- Rocket Companies options imply 7.6% move in share price post-earnings
- Rocket Companies put volume heavy and directionally bearish
