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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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