Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Mark R. Hake, CFA

SpaceX Has Massive Multiyear Put Options Volume As SPCX Falls Below IPO Price

SpaceX Corp (SPCX) stock has fallen below its $150 IPO price, but institutional investors likely sold a massive volume of SPCX put options at $80.00. That is $74 below today's price, expiring almost 2.5 years from now.

SPCX is down slightly today at $149.00, as it continues to drop below its original $150 IPO price less than a month ago on June 12. It's also below the first day trading closing price of $160.95.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.