Option traders moderately bearish in Rocket Companies (RKT), with shares down 34c near $19.36. Options volume relatively light with 35k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.36. Implied volatility (IV30) is higher by 0.8 points near 53.26,in the bottom quartile of the past year, suggesting an expected daily move of $0.65. Put-call skew steepened, indicating increased demand for downside protection.
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