Bullish option flow detected in Rocket Companies with 20,725 calls trading, 17x expected, and implied vol increasing almost 5 points to 58.01%. 1/13 weekly 8 calls and Jan-23 8 calls are the most active options, with total volume in those strikes near 18,200 contracts. The Put/Call Ratio is 0.03. Earnings are expected on February 23rd.
Published first on TheFly
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Read More on RKT:
- Rocket Companies downgraded to Underperform from Neutral at Credit Suisse
- Rocket Companies price target raised to $6 from $4.50 at Barclays
- CEO of Rocket Companies Farner buys over $600K in company stock
- Rocket Companies put volume heavy and directionally bearish
- Rocket Companies call volume above normal and directionally bullish