Bearish flow noted in Rocket Companies with 4,071 puts trading, or 5x expected. Most active are Dec-22 7.5 puts and Dec-22 8 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 7.60, while ATM IV is up nearly 12 points on the day. Earnings are expected on February 23rd.
Published first on TheFly
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