SpaceX Options Start Trading, Stock Price Gain Narrows to Less Than 10%

BlockBeats News, June 16th, according to Bitget market data, SpaceX surged over 17.21% intraday, currently narrowed to less than 10%, with a market value exceeding $2.969 trillion, surpassing Microsoft (which once approached $2.948 trillion), closely following Apple, Google, and NVIDIA.

On June 16th, SpaceX's options started active trading, providing investors with another way to bet on the future trend of Musk's rocket company's newly listed stock. Options allow investors to buy or sell an asset at a predetermined price within a specified period, usually used to hedge risks or speculate on price fluctuations.

According to Trade Alert data, within the first 10 minutes after trading commenced, about 115,000 option contracts changed hands, with a transaction ratio of 1.7:1 between call options and put options. Within the first hour after the start of trading, over 500,000 SpaceX option contracts were traded.