Anyone sold SPCX Puts this morning on the 1st SPCX options day

TCEHY · 2026-06-16T14:14:10+00:00

=== SUMMARY === - The author sold put options on SPCX (strikes 150–195) on the first day of options trading, expecting the stock to stay above those levels despite lower-than-expected premiums due to a $60 billion acquisition news. - Thesis: SPCX’s market cap surge to #4 (above Amazon) justifies a bullish stance; selling puts captures high implied volatility on a newly optionable stock. - Quality assessment: Speculation with some reasoning (premium pricing, deal impact), but lacks deep fundamental or technical analysis; more of a momentum-based trade than researched DD. === SENTIMENT === BULLISH === TRADE IDEAS === SPCX - LONG | confidence: 0.70 | sentiment: +0.70 Speaker: u/TCEHY Thesis: 1. THE FACT: SPCX options launched 2026-06-16; author sold puts at strikes 150–195, collecting $8 premium on 190 puts, while SPCX rose to #4 market cap (~$3T) soon after. 2. THE BRIDGE: First-day options often have inflated implied volatility; selling puts on a strongly trending stock can be profitable if the upward momentum persists. 3. THE VERDICT: Short puts (bullish) betting SPCX stays above strike prices; early success indicated by price surge. 4. RISKS: IV crush or sharp reversal (e.g., negative news from the AI acquisition); premium was lower than expected, suggesting market already priced in some upside. Timeframe: short-term Key Points: - Sold puts on day 1 of SPCX options - Collects premium on bullish momentum - Stock market cap surpassed Amazon - Premium lower due to acquisition news - High IV offers attractive risk/reward === COMMENTS SUMMARY === Top comments mock the author for “not printing” despite selling puts on day one, suggesting low profitability or execution difficulties. Other commenters note call premiums were skyrocketing and fills were erratic, indicating high volatility and potential slippage that could invalidate the easy profit narrative.

AI Summary

Summary

The author sold put options on SPCX (strikes 150–195) on the first day of options trading, expecting the stock to stay above those levels despite lower-than-expected premiums due to a $60 billion acquisition news.
Thesis: SPCX’s market cap surge to #4 (above Amazon) justifies a bullish stance; selling puts captures high implied volatility on a newly optionable stock.
Quality assessment: Speculation with some reasoning (premium pricing, deal impact), but lacks deep fundamental or technical analysis; more of a momentum-based trade than researched DD.

Score 127

Comments 54

Upvote % 94%

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This Reddit post, published June 16, 2026, features u/TCEHY discussing SPCX. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: u/TCEHY · Tickers: SPCX

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