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 earl