SpaceX Stock Options Trading Surging, Emerging as One of the Hottest Stocks for Options Trading

**Bloomberg — June 16** SpaceX (SPCX.O) options landed among the most actively traded instruments in the U.S. market on Tuesday, pushing the company’s stock to surge 17% in early trading during its third day of public listing. As of 10:35 a.m. New York time, SpaceX options volume exceeded 600,000 contracts, marking it the third-largest U.S. company options target. Chris Murphy, Co-Head of Derivatives Strategy at Susquehanna International, commented: “Option volatility is heavily skewed to the upside, with investors willing to pay higher premiums to join a potential post-IPO short squeeze.” Per Murphy’s data, implied volatility—a key gauge of option demand—opened at elevated levels: three-month implied volatility hit roughly 110% to 115% in early trading. The most active contract was a $220 strike call option expiring Thursday, with 25,000 contracts traded (equivalent to 2.5 million shares). Jake Taylor, Head of U.S. Single Stock Options at Optiver, added: “Given the unusually high investor interest, we expect both institutional and retail participants to stay active. Trading volume and volatility will remain robust as the market finalizes its valuation and outlook for SpaceX.”