Pre-earnings options volume in Rocket Companies (RKT) is 1.4x normal with calls leading puts 12:1. Implied volatility suggests the market is anticipating a move near 37.4%, or $5.69, after results are released. Median move over the past eight quarters is 7.8%.
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Read More on RKT:
- Bullish flow in Rocket Companies with shares up 0.96%
- Unusually active option classes on open July 23rd
- Rocket Companies call volume above normal and directionally bullish
- Rocket Companies price target raised to $14 from $11.50 at Jefferies
- Mr. Cooper price target raised to $150 from $110 at Jefferies
