Strong Sell SPCX by Sep 20, 2026.

First time options trader here, bought a $170 put on SPCX while it was trading at $215 for a $9.27 contract. The predictable has happened since then, I only lose $200 or so on the contract value between now and the 26th when the first wave of IPO buyers can sell without consequences. Maybe I’m a regard, like I said first time options buyer.