Today $SPCX is the first day of options trading... Various funds are once again rushing in crazily to buy options...


Retail investors are again buying calls like they did two months ago with MU, treating it like a lottery ticket...
Implied volatility (IV) has been driven up to over 300%
Market makers must buy the underlying stock to hedge delta... -> Pushing the price higher
SPCX-7.09%
MU1.68%
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liu118
· 06-16 13:56
Do you think it can surpass Tesla's stock?
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