Rocket Lab (RKLB) Options: Raymond James Sees Upside as Stock Sinks 55%


Raymond James predicts a Rocket Lab breakout amid a 55% drop; Rick Ducat outlines a triangular pattern and an example options trade for RKLB.

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What stands out

Raymond James told Schwab Network it still sees a takeoff in Rocket Lab (RKLB) shares even after the stock has fallen more than 55 percent in 2026 following the SpaceX (SPCX) initial public offering (IPO) in June. Rick Ducat highlighted a tightening triangular pattern on the chart, calling it an apex that could resolve in a sharp breakout or breakdown, and walked through an example options trade to express that view. The clip matters because it compresses a common market scene: analysts looking for value after a narrative-driven selloff, while traders try to cash in on whichever way the next big move goes (with options, which carry their own risks).