Options volumes are booming in stocks with ties to SpaceX. Not SpaceX itself. Stocks with ties to SpaceX. Like your cousin's friend who once toured the factory and now you're investing in his lawn care business because he stood near a rocket.
The headline says investors are clamoring for any way to get long SpaceX. Any way. Read that again. These people want exposure so badly they're buying shares of companies that maybe share a supplier or once had Elon reply to their tweet in 2019. This is the financial equivalent of buying a Dave Matthews Band t-shirt at Goodwill because you couldn't get concert tickets.
Friday's historic debut has retail traders frantically googling which publicly traded companies have contracts with SpaceX. They're building portfolios based on LinkedIn connections and supplier directories. Some guy in Michigan just bought ten thousand dollars of a satellite component manufacturer because the CFO went to the same college as Gwynne Shotwell's nephew.
The options volumes tell the story. Traders are levering up on third-degree separation stocks. Calls are printing on companies whose only connection to SpaceX is that they both use the same industrial adhesive supplier. The thought process goes like this: SpaceX launches rockets, rockets need parts, this company makes parts for planes, planes are basically rockets that go sideways, I should buy calls.
None of this has anything to do with the charts. The technicals don't care that you're horny for space exposure. Support and resistance levels don't give a shit about your FOMO. But sure, chase the pop in a stock that's up forty percent because someone mentioned they might bid on a contract to supply SpaceX with office furniture in 2027.
These are the same people who bought Zoom Video Communications instead of Zoom Technologies and claimed it was a learning experience.
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