tiprankstipranks
Advertisement
Advertisement

Option traders moderately bearish in Rocket Companies with shares down 1.68%

Option traders moderately bearish in Rocket Companies (RKT), with shares down 24c near $13.71. Options volume relatively light with 3558 contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.34. Implied volatility (IV30) is higher by 1.6 points near 66.87,and above the 52wk median, suggesting an expected daily move of $0.58. Put-call skew steepened, indicating increased demand for downside protection.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1