SpaceX options will begin trading next Tuesday

According to Odaily, options contracts for SpaceX (SPCX.O) will begin trading next Tuesday, with the company's stock having started trading today. SpaceX raised $75 billion at a valuation of $1.765 trillion, with the stock opening at $150, above the IPO price of $135.

A spokesperson confirmed that the options will be traded on exchanges including the Chicago Board Options Exchange (CBOE) and Nasdaq. These derivatives are likely to see strong demand as they allow investors to bet on the stock's future price movements or hedge against downside risk. A surge in options volume could further boost demand for stock trading. (Jin10)