Bullish flow in Rocket Companies (RKT), with shares up 62c, or 3.15%, near $20.12. Options volume relatively light with 81k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 2.2 points near 74.4,in the top quartile of the past year, suggesting an expected daily move of $0.94. Put-call skew flattened, suggesting a modestly bullish tone.
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Read More on RKT:
- Rocket Companies price target raised to $18 from $16 at Morgan Stanley
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- Moderately bullish activity in Rocket Companies with shares up 2.62%
