TradingKey – SpaceX ( SPCX) options officially debuted for trading this Tuesday (June 17). Approximately 1.8 million contracts traded on the first day, with about $2.8 billion in premium changing hands, breaking the first-day volume record for single-stock options. Notably, market sentiment was clearly characterized by chasing the rally, with call option volume outstripping put option volume. The overall call/put ratio was approximately 1.3:1, indicating that capital is still betting on a continued rise in SpaceX’s stock price.

In terms of the underlying stock’s performance, SPCX’s first-day option trading and stock price volatility reinforced each other. The stock surged to near $225 intraday before pulling back to close at $201.80,…