Bullish option flow detected in Rocket Companies with 37,284 calls trading, 9x expected, and implied vol increasing over 1 point to 54.71%. Jan-23 8.5 calls and Jun-23 10 calls are the most active options, with total volume in those strikes near 26,100 contracts. The Put/Call Ratio is 0.06. Earnings are expected on February 23rd.
Published first on TheFly
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Read More on RKT:
- Unusually active option classes on open January 11th
- Rocket Companies price target raised to $8 from $7 at JPMorgan
- Rocket Companies call volume above normal and directionally bullish
- Rocket Companies downgraded to Underperform from Neutral at Credit Suisse
- Rocket Companies price target raised to $6 from $4.50 at Barclays
