$SPCX unusual put activity is picking up
Large traders are aggressively positioning on the downside today:
🔴 $3.52M — 135P (Oct. 16, 2026)
🔴 $3.50M — 135P (Oct. 16, 2026)
🔴 $3.05M — 135P (Oct. 16, 2026)
📊 Options flow:
• Put flow: $15.95M
• Call flow: $0
• Sentiment: Bearish 🐻
Most of these trades were executed at the ask, suggesting aggressive put buying rather than selling.
Keep in mind that unusual options activity reflects positioning—not certainty. Watch how price reacts before drawing conclusions. 👀📉
