CNBC·4 min read·hard
SpaceX passed a key test Thursday. Sophisticated traders bet the bottom is in
O
Oliver Renick
✦AI Summary
Sophisticated traders are shifting their options market strategy for SpaceX, moving from call-buying to put-selling and risk-reversal trades. These moves suggest that institutional investors believe the stock may have reached a bottom.
SpaceX believers are trying a new approach in the options market.
businesseconomytechnology
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