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Brian Sozzi, reporter and analyst at Yahoo Finance, reports that trading in SpaceX options has reached an average of more than 1.5 million contracts per day over just three days of trading.
This rapid surge in volume reflects significant interest from market participants.
Sozzi has tracked other major shifts in trading activity this year. He recently noted that Arm Holdings and ServiceNow shares jumped while Qualcomm and Intel slipped following Nvidia CEO Jensen Huang’s Computex keynote. Earlier, he reported that the Nasdaq Composite often breaks a Friday low after a sharp weekly decline.