Rocket Companies Shares Rise 1.1% to $15.12
Moderately bullish activity in Rocket Companies (RKT), with shares up 16c, or 1.1%, near $15.12. Options volume relatively light with 27k contracts traded and calls leading puts for a put/call ratio of 0.85, compared to a typical level near 0.36. Implied volatility (IV30) is higher by 2.4 points near 66.61,and above the 52wk median, suggesting an expected daily move of $0.63. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Overweight at Barclays.
