SpaceX Bulls Pile Into $111 Calls Ahead of 911 Million-Share Unlock: Here's What to Know

Despite fears of a major post-IPO share unlock that could pressure Space Exploration Technologies (SPCX), institutional options traders are positioning for a near-term rally. The setup suggests an expectation that the unlock may not crush the stock and that upside volatility is being actively hedged/leveraged via options.

Analysis

Despite fears of a major post-IPO share unlock that could pressure Space Exploration Technologies (SPCX), institutional options traders are positioning for a near-term rally. The setup suggests an expectation that the unlock may not crush the stock and that upside volatility is being actively hedged/leveraged via options.