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The Zhitong Finance App learned that bullish followers of SpaceX (SPCX.US), an American supertech giant founded by Musk and focused on “AI+ space exploration,” are experimenting with a new trading method in the options market. As SpaceX's stock price, which entered the US stock market in June and fell below the issue price, passed a key test of lifting the ban and sell-off on Thursday, professional traders are now actively betting that the bottom zone may have appeared and ushered in an optimal bottoming period.
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The Zhitong Finance App learned that bullish followers of SpaceX (SPCX.US), an American supertech giant founded by Musk and focused on “AI+ space exploration,” are experimenting with a new trading method in the options market. As SpaceX's stock price, which entered the US stock market in June and fell below the issue price, passed a key test of lifting the ban and sell-off on Thursday, professional traders are now actively betting that the bottom zone may have appeared and ushered in an optimal bottoming period.
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