RKT251024P00018000 Option on Rocket Companies

RKT Stock  USD 20.90  0.44  2.15%   
RKT251024P00018000 is a PUT option contract on Rocket Companies' common stock with a strick price of 18.0 expiring on 2025-10-24. The contract was not traded in recent days and, as of today, has 43 days remaining before the expiration. The option is currently trading at an ask price of $1.11. The implied volatility as of the 11th of September 2025 is 43.0.
When exercised, put options on Rocket Companies produce a short position in Rocket Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Rocket Companies' downside price movement.

Rule 16 of 2025-10-24 Option Contract

The options market is anticipating that Rocket Companies will have an average daily up or down price movement of about 0.0452% per day over the life of the option. With Rocket Companies trading at USD 20.9, that is roughly USD 0.009456. If you think that the market is fully understating Rocket Companies' daily price movement you should consider buying Rocket Companies options at that current volatility level of 0.72%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Rocket Companies

An 'Out of The Money' option on Rocket has a strike price that Rocket Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Rocket Companies' 'Out of The Money' options include buying the options if you expect a big move in Rocket Companies' stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameRKT251024P00018000
Expires On2025-10-24
Days Before Expriration43
Vega0.022051
Gamma0.05797
Theoretical Value0.8
Open Interest17
Current Trading Volume21.0
Strike Price18.0
Last Traded At0.8
Current Price Spread0.0 | 1.11
Rule 16 Daily Up or DownUSD 0.009456

Rocket short PUT Option Greeks

Rocket Companies' Option Greeks for the contract ending on 2025-10-24 at a strike price of 18.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Rocket Companies' option greeks, its implied volatility helps estimate the risk of Rocket Companies stock implied by the prices of the options on Rocket Companies' stock.
Delta-0.230358
Gamma0.05797
Theta-0.017553
Vega0.022051
Rho-0.006062

Rocket long PUT Option Payoff at expiration

Put options written on Rocket Companies grant holders of the option the right to sell a specified amount of Rocket Companies at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Rocket Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Rocket Companies is like buying insurance aginst Rocket Companies' downside shift.
   Profit   
       Rocket Companies Price At Expiration  

Rocket short PUT Option Payoff at expiration

By selling Rocket Companies' put option, the investors signal their bearish sentiment. A short position in a put option written on Rocket Companies will generally make money when the underlying price is above the strike price. Therefore Rocket Companies' put payoff at expiration depends on where the Rocket Stock price is relative to the put option strike price. The breakeven price of 17.2 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Rocket Companies' price. Finally, at the strike price of 18.0, the payoff chart is constant and positive.
   Profit   
       Rocket Companies Price At Expiration  
View All Rocket Companies Options

Rocket Companies Available Put Options

Rocket Companies' option chain is a display of a range of information that helps investors for ways to trade options on Rocket. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Rocket. It also shows strike prices and maturity days for a Rocket Companies against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
RKT251219P00038000038.017.7 - 18.117.7In
 Put
RKT251219P00037000037.016.7 - 17.1516.7In
 Put
RKT251219P00036000036.015.8 - 16.1515.8In
 Put
RKT251219P00035000035.014.8 - 15.117.72In
 Put
RKT251219P00034000034.012.8 - 15.016.74In
 Put
RKT251219P00033000133.012.05 - 13.9515.44In
 Put
RKT251219P00032000132.010.6 - 13.014.56In
 Put
RKT251219P00031000231.010.25 - 12.013.59In
 Put
RKT251219P00030000130.09.45 - 10.9512.28In
 Put
RKT251219P00029000029.08.55 - 9.9511.33In
 Put
RKT251219P00025000325.06.1 - 6.256.02In
 Put
RKT251219P00024000167824.05.3 - 5.55.4In
 Put
RKT251219P00023000227923.04.6 - 4.754.65In
 Put
RKT251219P00022000134822.03.85 - 4.054.0In
 Put
RKT251219P00021000157521.03.25 - 3.43.3Out
 Put
RKT251219P00020000386520.02.66 - 2.792.72Out
 Put
RKT251219P00019000247619.02.12 - 2.252.05Out
 Put
RKT251219P00018000273318.01.66 - 1.741.68Out
 Put
RKT251219P00017000137817.01.25 - 1.321.31Out
 Put
RKT251219P00016000358716.00.92 - 0.970.95Out
 Put
RKT251219P00015000823315.00.65 - 0.680.69Out
 Put
RKT251219P00014000409614.00.44 - 0.480.45Out
 Put
RKT251219P0001300065813.00.28 - 0.320.3Out
 Put
RKT251219P0001200062412.00.17 - 0.220.24Out
 Put
RKT251219P0001100050511.00.05 - 0.170.1Out
 Put
RKT251219P00010000349010.00.05 - 0.120.08Out
 Put
RKT251219P00009000569.00.0 - 0.090.05Out
 Put
RKT251219P000080003678.00.0 - 0.080.04Out
 Put
RKT251219P00007000397.00.0 - 0.070.02Out
 Put
RKT251219P0000600026.00.0 - 0.030.03Out
 Put
RKT251219P0000500015.00.0 - 0.020.07Out

Rocket Companies Corporate Management

Tim BirkmeierPresident - Rocket MortgageProfile
William BanfieldExecutive MortgageProfile
Papanii OkaiExecutive EngineeringProfile
Nicole BeattieChief AmrockProfile
Aaron EmersonChief OfficerProfile
KimArie YowellChief OfficerProfile

Additional Tools for Rocket Stock Analysis

When running Rocket Companies' price analysis, check to measure Rocket Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rocket Companies is operating at the current time. Most of Rocket Companies' value examination focuses on studying past and present price action to predict the probability of Rocket Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rocket Companies' price. Additionally, you may evaluate how the addition of Rocket Companies to your portfolios can decrease your overall portfolio volatility.