SpaceX just broke out of a multi-week range, and the options tape lit up: about 8.63 million dollars of near-the-money October calls, plus a second aggressive sweep, both bought at the ask, both bullish, but telling entirely different stories. The big October trade landed at a strike that had almost no open interest, roughly 59 times the existing contracts traded in it, fresh positioning in a line that was basically empty. 📊 tastylive: tastylive.com 📰 Get Tom's pre-market analysis every morning: tastylive.com/newsletters 📘 FREE Options Strategy Guide: tinyurl.com/bp9ms763 📱 Follow tastylive on X: x.com/tastyliveshow Chapters 00:00 8 million in SpaceX calls 00:16 Breaking out of the range 00:43 The post-IPO round trip 01:18 The big October call 01:51 59 times the open interest 02:30 The smaller November call 03:18 The calendar is the tell 03:43 Two bets, two catalysts 04:10 Why the October buyer needs momentum 05:21 The comically wide analy...