Options Trading Launches on Leveraged SpaceX ETF, Expanding Tactical Trading Tools
Event summary
- Options trading began on June 16, 2026, for the T-REX 2X Long SpaceX Daily Target ETF (SPAX).
- SPAX provides 200% daily leveraged exposure to SpaceX's stock performance.
- This marks the latest in a suite of over 40 leveraged single-stock ETFs with options trading.
- REX Shares and Tuttle Capital Management collaborated on the product.
The big picture
The launch of options on SPAX reflects growing demand for sophisticated tools to trade high-volatility, high-conviction stocks like SpaceX. This move aligns with broader trends in the ETF industry toward greater customization and risk management, particularly in single-stock exposures. With over 40 leveraged ETFs now offering options, REX Shares and Tuttle Capital Management are positioning themselves as leaders in this niche but expanding segment.
What we're watching
- Trading Volume
- How the addition of options will impact SPAX's daily trading volume and liquidity.
- Volatility Impact
- Whether the leveraged structure will amplify SpaceX's inherent volatility, attracting more speculative traders.
- Competitive Positioning
- The pace at which REX Shares expands options trading to other leveraged single-stock ETFs in its suite.
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