Someone Bet $20.6 Million in SpaceX Calls on the First Day Options Were Available to Trade

SpaceX options launched yesterday. Within the first session someone dropped $20.6 million in calls across three trades. Zero open interest before the prints because it was the first day. All three positions brand new. The September $210 call with 101 percent IV and three months of duration is the most serious trade. Stock was at $180 when it printed. That is a conviction bet SpaceX holds its post-IPO surge through the first major lockup window. The July $325 calls are 61 percent out of the money with 30 days to expiration. That is pure upside chase. The background matters here too. SpaceX is buying Cursor AI for $60 billion in equity priced seven days before the deal closes. The higher the stock goes the less equity they hand over. SpaceX options are trading at 101 to 126 percent IV. Nvidia at its peak was 65 percent. Signal or noise? 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 SpaceX options day one: $20.6M in calls across three trades 0:36 Trade one: September $210 calls at 101 percent IV 1:08 $9.4 million: the most serious conviction trade 1:28 Trade two: July $325 calls 61 percent out of the money 1:44 $8.2 million and 11,509 contracts 1:50 Trade three: July $315 calls $3 million more 2:06 What the tape is saying about the post IPO surge 2:28 30 percent of float could unlock in August 3:03 SpaceX buying Cursor AI: why higher prices matter 3:48 SpaceX at $193 vs average analyst target of $164 4:28 SpaceX IV at 126 percent vs Nvidia peak at 65 percent 5:03 The options market pricing 50/50 odds of massive move 5:13 Signal: $20.6M fresh calls low float squeeze Cursor deal 5:42 Noise: Morningstar $63 CFRA sell July calls 61 percent OTM #SpaceXOptions #SPCX #SignalVsNoise #tastylive #SmartMoney #SpaceXIPO #OptionsFlow #UnusualOptionsActivity tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.