US Stock Market Move | SpaceX(SPCX.US) rose more than 2% and will officially be included in the Nasdaq 100 Index.

On Monday, SpaceX (SPCX.US) rose more than 2%, reaching $166.17. In terms of news, on July 7th, SpaceX will officially be included in the Nasdaq 100 index and the end of the IPO quiet period, allowing Wall Street investment banks to issue their first ratings and target prices for the stock. It is worth noting that in the weekly options chain expiring on July 10th, traders are aggressively building positions. The open interest for bullish call options with strike prices at $180 and $190 is most concentrated, reaching 24,117 and 23,432 contracts respectively. This indicates that the market consensus believes that with the dual positive catalysts, the stock is expected to rise by 11% and 17% respectively from the closing price on Thursday. In contrast, the defense for bearish put options is extremely sparse, with very few open positions, showing a predominantly optimistic sentiment in the market.