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Rocket Companies put volume heavy and directionally bearish

Bearish flow noted in Rocket Companies with 4,541 puts trading, or 5x expected. Most active are 10/4 weekly 19 puts and Nov-24 21 calls, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 7.91, while ATM IV is up over 1 point on the day. Earnings are expected on October 31st.

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