SPCE has “plenty of momentum” ahead of the SpaceX IPO, per the top comment. Retail traders are chasing event-driven hype; short-dated calls could amplify a continued rally. Bet on momentum continuation with a 3-month out-of-the-money call, but the rationale is thin and sentiment-driven. SpaceX IPO may not directly benefit SPCE; momentum can reverse quickly; low probability of profit on OTM options.
SPCE has “plenty of momentum” ahead of the SpaceX IPO, per the top comment. Retail traders are chasing event-driven hype; short-dated calls could amplify a continued rally. Bet on momentum continuation with a 3-month out-of-the-money call, but the rationale is thin and sentiment-driven. SpaceX IPO may not directly benefit SPCE; momentum can reverse quickly; low probability of profit on OTM options.
Suggests buying 1 SPY 0DTE contract at-the-money or one strike up as the “most logical” $0dte play. 0DTE options give maximum leverage for $100, but are pure gambling with no edge. A coin‑flip trade with high odds of expiry worthless. Theta decay to zero by end of day; any small adverse move wipes out premium; no directional catalyst.
Suggests buying 1 SPY 0DTE contract at-the-money or one strike up as the “most logical” $0dte play. 0DTE options give maximum leverage for $100, but are pure gambling with no edge. A coin‑flip trade with high odds of expiry worthless. Theta decay to zero by end of day; any small adverse move wipes out premium; no directional catalyst.