Rocket Lab USA, Inc. (RKLB) is experiencing a notable surge in its stock price today, driven by a combination of bullish options activity and positive sentiment from investors. A significant increase in call volume has been observed, with 29,797 calls trading, which is 1.7 times the expected amount. This activity has led to an increase in implied volatility by over 5 points to 94.99%. The most active options are the weekly 26.5 puts and 27 calls, with a total volume near 7,600 contracts. The Put/Call Ratio stands at 0.51, indicating a strong bullish sentiment among traders.
On Reddit, discussions are buzzing with speculation about Rocket Lab's potential involvement in NASA's Mars sample-return mission. One user speculated, "Private space company Rocket Lab may have a solution to save the day," suggesting a belief that Rocket Lab could play a significant role in this high-profile mission. Additionally, the anticipation of the first test launch of the new Neutron rocket in 2025 is generating optimism among investors, with some drawing parallels to the early days of Tesla and NVDA, suggesting that holding onto the stock could yield substantial rewards.
Rocket Lab USA, Inc. is currently trading at $28.14, up 12.75% from the previous close of $24.96. The stock has reached a high of $28.18 and a low of $25.03 during today's trading session. With a volume of 14,912,606 shares, representing 73.27% of the average daily volume, the trading activity is robust but not extraordinary for this time of day.