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Options Trading
SpaceX Shares Dipped Below Their IPO Price. Here's What Its Brand-New Options Chain Is Already Pricing In
SPCX traded as low as $132.15 this week, dipping below its $135 IPO price for the first time — weeks before a lockup expiration could free up to $123 billion in insider shares. Here's the lockup math and why options on a five-week-old stock behave nothing like options on Apple.