Option traders moderately bearish in Rocket Lab USA (RKLB), with shares down $2.40 near $27.25. Options volume running well above average with 120k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.28. Implied volatility (IV30) is higher by 6.5 points near 73.85,in the bottom quartile of the past year, suggesting an expected daily move of $1.27. Put-call skew steepened, indicating increased demand for downside protection.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RKLB: