Shares of Rocket Companies (RKT) are soaring in Tuesday's intraday trading, climbing 5.06% as investors react to unusually high bullish options activity. The mortgage lender's stock is attracting attention from traders, with call options volume significantly exceeding normal levels.

Market data reveals that 21,491 call options for Rocket Companies have been traded, which is five times the expected volume. This surge in call options, which give holders the right to buy the stock at a predetermined price, typically indicates a bullish outlook among traders. Additionally, the implied volatility for RKT options has spiked by over 45 points, reaching 98.23%, suggesting that the market anticipates potential significant moves in the stock price.

While the exact catalyst for this increased options activity remains unclear, it often precedes positive news or reflects growing optimism about a company's prospects. Investors and analysts will be closely watching Rocket Companies for any forthcoming announcements or market developments that could justify this bullish sentiment. As always, market participants are advised to conduct their own due diligence and consider their risk tolerance when making investment decisions based on options activity.