Mixed options sentiment in Rocket Companies (RKT), with shares down 18c near $20.30. Options volume relatively light with 62k contracts traded and calls leading puts for a put/call ratio of 0.84, compared to a typical level near 0.37. Implied volatility (IV30) dropped 2.84 near 73.37,in the top quartile of the past year, suggesting an expected daily move of $0.94. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RKT: