Bullish option flow detected in Rocket Companies (RKT) with 25,300 calls trading, 8x expected, and implied vol increasing over 9 points to 57.41%. Mar-25 16 calls and 11/29 weekly 15 calls are the most active options, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 0.02. Earnings are expected on February 20th.
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Read More on RKT:
- Unusually active option classes on open November 25th
- Morgan Stanley, Comerica upgraded: Wall Street’s top analyst calls
- Rocket Companies upgraded to Neutral at BofA on ‘more palatable’ valuation
- Rocket Companies upgraded to Neutral from Underperform at BofA
- Rocket Companies price target raised to $15 from $14 at BofA