Bullish option flow detected in Rocket Companies with 18,627 calls trading, 10x expected, and implied vol increasing almost 5 points to 60.04%. Jan-23 8.99 calls and Jan-23 8.5 calls are the most active options, with total volume in those strikes near 15,800 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:
- Unusually active option classes on open January 18th
- Rocket Companies call volume above normal and directionally bullish
- Unusually active option classes on open January 11th
- Rocket Companies price target raised to $8 from $7 at JPMorgan
- Rocket Companies downgraded to Underperform from Neutral at Credit Suisse