Sep. 14 at 9:48 AM
$ETH Grayscale's Ethereum Mini Trust ETF. Watch
$ETH.X spot/futures, macro (rates, inflation), & adoption trends (DeFi, staking) for volatility signals.
#RKT Friday options flow was unusually high—
$10.86M. 41% higher than the average. A heavy skew toward calls. Rocket Companies bought Redfin, which means collaging real estate traffic with an equally interest-rate-sensitive mortgage business. Mr. Cooper merger comes with the promise of half a billion in “synergies.” BofA upgraded, hiking the target from
$21 to
$24. Forbes thinks it will “go to
$40.” The case is simple: falling rates ignite both purchase & refinance volumes.
#RKT Notes: The Redfin purchase. Fifty million monthly visitors now feed into a mortgage machine already chained to rate cycles. A funnel. Falling rates. Rates down, volumes up. This is the entire “thesis.” It was true yesterday, it will be true tomorrow. Mr. Cooper promises
$500 million in “synergies.” Redfin synergies. Over
$200 million projected.
