MomentumOptions.com Profit Alert (RKT) for 5/16/2024

2:10pm (EST)

We have another triple-digit winner, our 16th of the year, with shares of RKT falling back below $14 today.

Profit Alert!

Rocket Companies (RKT, $13.98, down $0.42)

RKT June 14 calls (RKT240621C00014000, $0.80, down $0.45)

Entry Price: $0.55 (4/29/2024)
Exit Target: $1.65
Return: 100%
Stop Target: $1.10 (Stop Limit)

Action: The Stop Limit at $1.10 tripped after the calls opened at $1.15.

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