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Rocket Companies put volume heavy and directionally bearish

Rocket Companies put volume heavy and directionally bearish

Bearish flow noted in Rocket Companies with 2,570 puts trading, or 1.9x expected. Most active are 10/11 weekly 17 puts and Jan-25 25 calls, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 4.64, while ATM IV is up over 6 points on the day. Earnings are expected on October 31st.

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