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Rocket Companies call volume above normal and directionally bullish

Bullish option flow detected in Rocket Companies (RKT) with 21,491 calls trading, 5x expected, and implied vol increasing over 45 points to 98.23%. May-25 12 calls and 5/23 weekly 12 calls are the most active options, with total volume in those strikes near 10,000 contracts. The Put/Call Ratio is 0.12. Earnings are expected on July 31st.

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