Moderately bullish activity in Rocket Companies with shares up 5.11%

Moderately bullish activity in Rocket Companies (RKT), with shares up $1.04, or 5.11%, near $21.50. Options volume running well above average with 71k contracts traded and calls leading puts for a put/call ratio of 0.3, compared to a typical level near 0.39. Implied volatility (IV30) is higher by 2.1 points near 73.59,in the top quartile of the past year, suggesting an expected daily move of $1.00. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Buy at BofA.