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Rocket Companies put volume heavy and directionally bearish

Bearish flow noted in Rocket Companies with 5,755 puts trading, or 2x expected. Most active are 1/12 weekly 13 puts and Jan-26 12 calls, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 4.86, while ATM IV is up over 1 point on the day. Earnings are expected on February 29th.

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