Rocket Lab Stock Could Bounce Off Multiple Support Layers

Aerospace stock Rocket Lab Corp (NASDAQ:RKLB) has pulled back to layers of support on the charts, including its August 2025 low, 200-day moving average, and year-to-date anchored volume-weighted average price (AVWAP). A put stack around the 200-day trendline could also be supportive.

 

Short covering could spark a rally as well. Short interest is elevated, representing 9.71% of the stock’s available float.  

 

Options traders have been more bearish than usual. RKLB’s 50-day put/call volume ratio of 1.44 at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) ranks higher than 96% of readings from the past year, and an unwinding of some of this pessimism could provide tailwinds.

 

Furthermore, RKLB tends to outperform options traders’ volatility expectations, per its Schaeffer’s Volatility Scorecard (SVS) of 82 out of 100.

 

Our recommended call has a leverage ratio of 3.9 and will double on a 29.3% rise in the underlying equity.