Bearish flow noted in Rocket Companies with 5,480 puts trading, or 2x expected. Most active are 3/8 weekly 11.5 puts and 3/8 weekly 12 puts, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 2.26, while ATM IV is up over 1 point on the day. Earnings are expected on May 2nd.
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