Bearish flow noted in Rocket Companies with 2,976 puts trading, or 5x expected. Most active are 12/8 weekly 9.5 puts and 12/8 weekly 10 calls, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 3.06, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 29th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on RKT:
- Unusually active option classes on open November 29th
- Rocket Companies call volume above normal and directionally bullish
- Block upgraded, Bristol Myers downgraded: Wall Street’s top analyst calls
- Barclays starts U.S. consumer finance with Neutral industry view
- Rocket Companies initiated with an Underweight at Barclays
