Jul. 21 at 5:42 PM
What a rebound for
$SPCM
Up 14% on the back of SpaceX and chip-sector buzz
Not bad after that 11% drop over the past week
But hold up, this is a high volatility play
We're seeing a big block of 650 Aug 21
$25 calls traded
That's 78% OTM with a
$52K premium and IV around 193%
It's a signal of some bullish sentiment
But remember, it's far OTM and in an illiquid chain
Keep your exposure in check
Not a trend reversal yet, just some short term action
