Bearish flow noted in Rocket Companies with 6,821 puts trading, or 3x expected. Most active are Feb-24 11 puts and Mar-24 10 puts, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 11.11, while ATM IV is up nearly 5 points on the day. Earnings are expected on February 22nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on RKT:
- Rocket Companies Appoints Alastair Rampell to Expanded Board
- Rocket Companies appoints Alex Rampell to Board
- Rocket Companies price target lowered to $13 from $15 at Jefferies
- The housing finance stocks to own in 2024, according to Wedbush
- Rocket Companies price target raised to $13 from $8 at Wedbush