SpaceX ipo is June 12 (friday)
**important dates:**
**june 8 - 10 (monday - wed): allocation days**
* underwriters decide how many shares of spacex each fund gets
* if a fund gets a shit ton of shares they have to pay the banks by thursday night --> they will sell space stocks to raise cash
**june 11: pricing night**
* after market close (4pm) they announce the official ipo price
**june 12: ipo day**
* spacex starts trading, could be at market open, could be like 11am,
**june 15 - july 2**
* spacex enters the nasdaq 100, qqq/spy and other index funds become forced buyers
* could cause a pretty broad rally across the market
**----**
**plays:**
**june 8 market open**
* buy june 19 ASTS puts, small size
* further expiry to avoid getting completely screwed by june 11 IV crush
**june 11 market close**
* close the june 19 puts
* buy ASTS puts expiring june **12**
**june 12 market close**
* close the ASTS puts end. of day assuming (hope is selloff)
**june 22**
* gives about a week for everything to cool off
* buy LEAPs on RKLB/ASTS
* when spacex enters the NQ100 it should create a pretty broad rally and drag most space stocks up with it
* timing is annoying because they can technically enter anytime before july hence leap