SPACEX Calls Are Now Dirt Cheap

For those who understand volatility, this July/August expiry chart is genuinely strange. Implied volatility on SpaceX has been crushed since IPO — the market is currently pricing in daily moves of under 5%. But has the market already forgotten the float situation? It's still extremely limited, and we're looking at roughly $10 billion in buying pressure — around 15% of the float — hitting at the end of next week with Nasdaq inclusion. With the stock around $155, my play is short-dated OTM calls expiring early-to-mid July. The goal is to be out before share lockup expirations start weighing on the price. Take a look at the $170 calls and price them out yourself. The premium is wild given what's coming. First time posting here, so guaranteed I lose my money — but let's go!