Options

SPCX options

Figures as of 28 Sep 2026

The options figures are from the close on 28 Sep 2026.

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At a glance

FigureValueDate
Priced move to 30 Oct13.2% down, 13.7% up28 Sep
Call wall and put wall150 and 14028 Sep
Next report3 Nov 202628 Sep

Options Snapshot

SPCX's at the money implied volatility is 45.5 percent on 28 Sep 2026.

FigureValue
IV rankNot stated, 0 weeks of record
At the money IV45.5%, near month, 32 days
Put/call ratio, open interest1.11
Call open interest, strikes captured near the price861,000 contracts
Put open interest, strikes captured near the price958,000 contracts
Cost to trade at the moneyTight, 2.2% of the option's mid price

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Priced Range

On 28 Sep 2026, SPCX options priced a move of 13.2 percent down and 13.7 percent up by 30 Oct 2026.

ExpiryDaysDownUpRange
2 Oct 202645.0%5.0%138.18 to 152.76
9 Oct 2026117.8%8.0%134.17 to 157.07
23 Oct 20262511.6%12.0%128.57 to 162.87
30 Oct 20263213.2%13.7%126.27 to 165.47
20 Nov 20265318.8%19.7%118.17 to 174.07
18 Dec 20268122.4%24.0%112.87 to 180.37
19 Feb 202714430.5%33.1%101.17 to 193.57

The range is one standard deviation either side of the close of 145.47, as the option prices imply it.

A priced move restates option prices at the close and says nothing certain about where the price goes.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Gamma Map

On 28 Sep 2026, SPCX's call wall is the 150 strike and its put wall is the 140 strike.

FigureValue
Call wall, most open call gamma150
Put wall, most open put gamma140
Flip strike, where net gamma changes sign148.62
Net dollar gamma, calls minus putsminus $52.45 million
Total dollar gamma, both sides$486.38 million
Close145.47

Dollar gamma is stated for a one percent move in the price.

Net is calls minus puts under the standard convention, not a record of who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility History

On 28 Sep 2026, SPCX's at the money IV is 45.5 percent against 20 day realized volatility of 44.9 percent.

FigureValue
At the money IV45.5%
Realized volatility, 20 trading days44.9%
Realized volatility, 60 trading days70.9%

Realized volatility is worked out from the daily closes the desk holds, not from the option chain.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Weather

On 28 Sep 2026, SPCX's at the money IV runs from 46.8 percent at 4 days to 51.1 percent at 144 days.

Days to expiryAt the money IV
446.8%
1145.2%
1844.5%
2545.0%
3950.8%
5350.6%
8149.5%
14451.1%

Far expiries price more volatility than near ones, an upward sloping term structure.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Smile

On 28 Sep 2026, at the 32 day expiry, SPCX's IV ten percent below the price sits 2.7 points above at the money IV.

Strike areaImplied volatilityAgainst at the money
10% below the price48.2%+2.7 points
At the money45.5%0.0 points
10% above the price47.6%+2.1 points

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Volatility Surface

On 28 Sep 2026, SPCX's surface spans 10 expiries out to 144 days, with IV from 44.3 to 60.3 percent near the price.

FigureValue
Expiries captured10
Nearest expiry2 Oct 2026, 4 days
Farthest expiry19 Feb 2027, 144 days
Points within 10% of the price, 7 days out or more131
Lowest IV among them44.3%
Highest IV among them60.3%

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Expiry Ladder

On 28 Sep 2026, SPCX has 10 captured expiries, from 2 Oct 2026 to 19 Feb 2027.

ExpiryDaysAt the money IVCall open interestPut open interest
2 Oct 2026446.8%102,584121,548
9 Oct 20261145.2%28,21732,693
16 Oct 20261844.5%220,488163,440
23 Oct 20262545.0%19,08318,277
30 Oct 20263245.5%15,46434,523
6 Nov 20263950.8%8061,111
20 Nov 20265350.6%112,512146,855
18 Dec 20268149.5%171,209216,534
15 Jan 202710948.8%162,464176,261
19 Feb 202714451.1%28,16947,185

Open interest is summed over the strikes captured near the price on each expiry.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Strike Table

On 28 Sep 2026, SPCX's largest open interest sits at the 150 strike, with 138,016 contracts across the captured expiries.

StrikeCall open interestPut open interestTotal
15075,60262,414138,016
13517,99188,395106,386
13033,59168,323101,914
14018,27773,00591,282
16077,10711,05788,164
12014,75972,99987,758

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Since Yesterday

From 25 Sep 2026 to 28 Sep 2026, SPCX's at the money IV moved from 44.4 percent to 45.5 percent.

Figure25 Sep28 SepChange
At the money IV44.4%45.5%+1.1 points
Open interest, strikes captured near the price1.99 million1.82 million-168,593
Put/call ratio, open interest1.061.11+0.06

Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Changed Hands

On 28 Sep 2026, 616,717 SPCX option contracts traded, 1.0 times its own recent average.

FigureValue
Calls traded377,868
Puts traded238,849
Against its recent average1.0 times
Busier than2 of its last 13 trading days
Open interest, whole chain3.28 million contracts
Volume to open interest0.19
Unusual volume flagYes, 22 contracts traded well above open interest
Largest flagged contractThe 150 call expiring 2 Oct, 34,514 traded against 14,853 open

Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Positioning Replay

The replay holds 14 trading days of SPCX's option positioning, from 9 Sep 2026 to 28 Sep 2026.

DateCloseNet dollar gammaTop call strikeTop put strike
9 Sep 2026147.55minus $49.72 million150150
21 Sep 2026151.85$225,107160150
28 Sep 2026145.47minus $52.45 million150140

Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.

From the option chain at the close on 28 Sep 2026. Current on every plan.

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Earnings Radar

SPCX reports next on 3 Nov 2026, a date worked out from past quarters.

FigureValue
Next report3 Nov 2026, after the close
DateWorked out from past quarters
Move after the report of 4 Aug 2026-13.6%

Earnings calendar as of 28 Sep 2026. Current on every plan.

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Public Filings

Company insiders reported 0 purchases and 5 sales of SPCX in the filings the desk holds.

FiledWhoTradeSize
9 Sep 2026. Maria Elvira Salazar, member of CongressBought$1,001 to $15,000
9 Sep 2026. Maria Elvira Salazar, member of CongressBought$1,001 to $15,000
18 Apr 2026Shotwell Gwynne, director, President and COOSold12,500 shares, $1.89 million
18 Apr 2026Shotwell Gwynne, director, President and COOSold7,600 shares, $1.15 million
18 Apr 2026Shotwell Gwynne, director, President and COOSold145,809 shares, $22.35 million
18 Apr 2026Shotwell Gwynne, director, President and COOSold151,844 shares, $23.38 million

Tracked fund managers listing SPCX among their top holdings: ARK Investment Management.

Every filing is reproduced as filed, and each one reaches the public days or weeks after the trade.

Filings as of 28 Sep 2026. Current on every plan.

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Headlines

The desk's news feeds carried 8 headlines naming SPCX in the 3 days to 28 Sep 2026.

FigureValue
Headlines in the window8
Latest28 Sep 2026

The titles are in the Headlines window, with the time each was published.

Headlines as of 28 Sep 2026. Current on every plan.

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Questions

What is SPCX's IV rank?
SPCX's at the money implied volatility is 45.5 percent on 28 Sep 2026.
What move are SPCX options pricing?
On 28 Sep 2026, SPCX options priced a move of 13.2 percent down and 13.7 percent up by 30 Oct 2026.
Where are SPCX's call wall and put wall?
On 28 Sep 2026, SPCX's call wall is the 150 strike and its put wall is the 140 strike.
When does SPCX report earnings next?
SPCX reports next on 3 Nov 2026, a date worked out from past quarters.

Guides and the full list

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