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Rocket Companies put volume heavy and directionally bearish

Bearish flow noted in Rocket Companies with 5,703 puts trading, or 4x expected. Most active are Feb-24 13 puts and Jan-24 11.99 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 2.65, while ATM IV is up over 2 points on the day. Earnings are expected on February 29th.

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