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Rocket Companies put volume heavy and directionally bearish

Bearish flow noted in Rocket Companies with 6,572 puts trading, or 6x expected. Most active are Oct-24 17.5 puts and Oct-24 17 puts, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 8.10, while ATM IV is up over 1 point on the day. Earnings are expected on October 31st.

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