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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on RKT:
- Rocket Companies names Jonathan Mildenhall CMO
- Rocket Companies downgraded to Underweight from Neutral at JPMorgan
- Rocket Companies put volume heavy and directionally bearish
- Rocket Companies cut to Equal Weight at Wells Fargo on valuation
- Rocket Companies downgraded to Equal Weight from Overweight at Wells Fargo