SpaceX options debut as third-most traded, Sosnoff predicts it will surpass Tesla and Nvidia
By
Oliver Renick
6h ago· 2 min readenNews
70/100
Toasty
Bagelometer↗
Crispy enough to crunch, soft enough to enjoy. A good bake.
Score70TypenewsSentimentpositive
Summary
SpaceX options have been officially listed and are already the third-most traded single stock options, trailing only Tesla and Nvidia. Tom Sosnoff, a pioneer in retail options trading known as "the Godfather" of options, predicts SpaceX will eventually surpass both companies in options trading volume once the contracts become more liquid and high-frequency trading firms enter the market.
Key quotes
· 2 pulled"After they settle in and become liquid – that means all the HFT firms"
"Less than 30 minutes into the session, SpaceX options are already the third-most traded among single stocks, behind Tesla and Nvidia"
SpaceX options are officially listed, and they're off to the races.
