wolfofsg
11-07
$RKT 20251107 17.0 CALL$ 

Don't think this will see the $16s by today, an even longer shot for this counter to hit $17 by today, selling short term covered calls to pay my bills. Options chain leaning bearish for now. Next catalyst we are looking for is resumption from government shutdown or next fed announcement in early December. Also possible for adhoc announcements from the government on US housing. TP$40 by 2027 1st quarter

RKT CALL
11-07 00:04
US20251107 17.0
SidePrice | FilledRealized P&L
Sell
Open
0.06
142Lot(s)
--
Closed
Rocket Companies
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Comments

  • Phyllis Strachey
    11-07
    Phyllis Strachey
    Won’t shutdown delay in mortgage apps hurt RKT’s Q4?
    • wolfofsg
      that's possible however we're supported by Trump's policy roll out on affordable housing (:
  • DeltaDrift
    11-07
    DeltaDrift
    Wow. Huge position
    • wolfofsg
      to me it is a huge position that's why hedging (selling covered calls) is very crucial
    • wolfofsg
      huge is subjective
  • Venus Reade
    11-08
    Venus Reade
    Fast recovery of price.

    Rocket is the best for loans.

  • Merle Ted
    11-08
    Merle Ted
    This is so easy!!! Below 10 will be here shortly!!! This is a very easy short at these bloated levels!!!

  • Jo Betsy
    11-07
    Jo Betsy
    Housing inventory crunch will lift RKT more than Fed cuts!
  • fluffik
    11-07
    fluffik
    Looks like you're making smart moves! [Smart]
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