Opinion: Tomorrow's Launch of SpaceX Options Could Propel Its Stock Price Significantly

June 16: U.S. financial blog ZeroHedge reports that SpaceX options are set to debut today, a development that could trigger a gamma squeeze on SPCX stock, driving its price up to $400 and pushing its market capitalization past NVIDIA’s. ZeroHedge notes that current stock price levels are primarily determined by which party holds the largest volume of out-of-the-money (OTM) call options, as this holding would spark the most severe gamma squeeze. BlockBeats clarifies: A gamma squeeze is a strong positive feedback mechanism in the options market that results in rapid, sharp stock price growth. Essentially, it is a chain reaction initiated when options market makers are forced to buy large amounts of underlying stock to hedge their risks.