Spacex Options Surge as Traders Bet on Musk's Next Big Move

WHO:

Bloomberg Markets - Space Exploration Technologies Corp. (SpaceX) is involved in the options trading.

CNBC - Tom Sosnoff, co-founder of ThinkOrSwim and CEO of Lossdog, is mentioned as a key figure in options trading.

WHAT:

Bloomberg Markets - SpaceX options were among the most heavily traded among US companies, leading to a 17% gain in SpaceX's stock.

CNBC - SpaceX options became the third-most traded among single stocks, with over 300,000 options traded in the first 30 minutes of the session.

CNBC - More than $400 million in SpaceX options premium traded during that time, with over $300 million tied to calls.

CNBC - The most popular contract was the 220-strike call expiring on June 18, 2026, following a 16% rally in SpaceX.

WHERE:

CNBC - SpaceX displayed outside the Nasdaq.

WHEN:

CNBC - SpaceX launched their IPO on June 12, 2026.

CNBC - The 220-strike call option is set to expire on June 18, 2026.

WHY:

CNBC - Tom Sosnoff believes that after initial trading settles, SpaceX's option volume could surpass that of Tesla and Nvidia, which is beneficial for business and retail investors.

HOW:

CNBC - The trading session saw more calls than puts, with more than twice as many calls bought compared to puts.

CNBC - Implied volatility in SpaceX was reported at 135.

(UPDATED June 16, 2026 20:15 UTC)

Space Exploration Technologies Corp., commonly known as SpaceX, is making headlines in the options trading market, with its options becoming the third-most traded among US companies, leading to a significant 17% gain in its stock. Over 300,000 options were traded in just the first 30 minutes of the session, with more than $400 million in premium exchanged, primarily focused on the popular 220-strike call option set to expire on June 18, 2026. Tom Sosnoff, a key figure in options trading, suggests that once initial trading settles, SpaceX's option volume could potentially exceed that of major players like Tesla and Nvidia, which could be advantageous for both business and retail investors.