RKT251219C00024000 Option on Rocket Companies

RKT Stock  USD 20.94  0.17  0.81%   
RKT251219C00024000 is a PUT option contract on Rocket Companies' common stock with a strick price of 24.0 expiring on 2025-12-19. The contract was not traded in recent days and, as of today, has 98 days remaining before the expiration. The option is currently trading at a bid price of $1.75, and an ask price of $1.97. The implied volatility as of the 12th of September 2025 is 98.0.
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 2025-12-19 Option Contract

The options market is anticipating that Rocket Companies will have an average daily up or down price movement of about 0.0417% per day over the life of the option. With Rocket Companies trading at USD 20.94, that is roughly USD 0.008725. 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 0.67%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call 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.
Call Contract NameRKT251219C00024000
Expires On2025-12-19
Days Before Expriration98
Delta0.434841
Vega0.043272
Gamma0.053711
Theoretical Value1.95
Open Interest2993
Current Trading Volume639.0
Strike Price24.0
Last Traded At1.95
Current Price Spread1.75 | 1.97
Rule 16 Daily Up or DownUSD 0.008725

Rocket short PUT Option Greeks

Rocket Companies' Option Greeks for the contract ending on 2025-12-19 at a strike price of 24.0 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.
Delta0.434841
Gamma0.053711
Theta-0.01538
Vega0.043272
Rho0.019609

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 25.95 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 24.0, the payoff chart is constant and positive.
   Profit   
       Rocket Companies Price At Expiration  
View All Rocket Companies Options

Rocket Companies Available Call 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
Call
RKT251219C000380003838.00.44 - 0.70.59Out
Call
RKT251219C00037000037.00.48 - 0.540.63Out
Call
RKT251219C000360004036.00.51 - 0.590.51Out
Call
RKT251219C0003500014535.00.57 - 0.630.6Out
Call
RKT251219C00034000114634.00.42 - 0.960.8Out
Call
RKT251219C000330003833.00.49 - 0.970.79Out
Call
RKT251219C0003200019332.00.34 - 1.060.85Out
Call
RKT251219C0003100023931.00.51 - 1.00.9Out
Call
RKT251219C0003000044130.00.71 - 1.131.0Out
Call
RKT251219C0002900073429.00.51 - 1.671.34Out
Call
RKT251219C0002800073028.01.1 - 1.611.21Out
Call
RKT251219C0002700056027.01.18 - 1.831.64Out
Call
RKT251219C0002600032326.01.2 - 1.951.5Out
Call
RKT251219C00025000311825.01.65 - 1.741.7Out
Call
RKT251219C00024000299324.01.75 - 1.971.95Out
Call
RKT251219C00023000339523.02.13 - 2.242.21Out
Call
RKT251219C00022000662822.02.43 - 2.572.51Out
Call
RKT251219C00021000312421.02.8 - 3.32.82In
Call
RKT251219C000200001431420.03.2 - 3.353.25In
Call
RKT251219C00019000160619.03.7 - 3.853.6In
Call
RKT251219C000180001150318.04.2 - 4.44.25In
Call
RKT251219C00017000287117.04.85 - 5.04.87In
Call
RKT251219C00016000308916.05.35 - 5.75.45In
Call
RKT251219C00015000205715.05.8 - 6.456.35In
Call
RKT251219C00014000140014.07.15 - 7.38.5In
Call
RKT251219C0001300026713.08.05 - 8.29.3In
Call
RKT251219C0001200019412.09.05 - 9.959.4In
Call
RKT251219C0001100012511.010.05 - 10.1510.75In
Call
RKT251219C0001000028810.010.65 - 11.1512.02In
Call
RKT251219C0000900079.012.0 - 12.28.95In
Call
RKT251219C00008000298.013.0 - 13.28.85In
Call
RKT251219C0000700027.013.75 - 14.214.85In
Call
RKT251219C0000600026.015.0 - 15.215.39In
Call
RKT251219C0000500035.016.0 - 16.88.81In

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.