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$SPCX DIAGONAL 261030/261204 PUT 160.0/PUT 155.0$ 

Support / Resistance 📈📉:

​Support: $144.50–$147.00, $140.00–$141.50, $133.00

​Resistance: $152.80, $156.00, $165.00–$167.00

​Outlook 📝:

​SPCX has been establishing a consolidation floor in the $144.50–$147.00 region following recent post-earnings price adjustments.

​If SPCX holds above the immediate support zone at $144.50, expect buyers to drive a retest of primary resistance at $152.80. A clean breakout and daily hold above $152.80 clears room for a continuation rally toward $156.00 and $165.00.

​Conversely, if selling pressure pushes price below $144.50, look for a pullback toward secondary support at $140.00–$141.50. Should that level fail to hold, watch for structural buyers to defend the lower demand floor near $133.00.

Target & Execution 🎯:

​Trade Adjustment: Rolled existing 30 Oct 2026 $160 Put position out and down into the 4 Dec 2026 $155 Put.

​Roll Rationale:

​-Strike Reduction ($160 ➡️ $155): Improved buffer by lowering assignment risk strike closer to major structural support.

-​Duration Extension (+5 Weeks Theta): Re-established time value decay advantage through early December expiry.

​Profit Target: Looking to buy back to close at 50%–70% max profit on credit collected or exit when premium decays past target. Will keep monitor on SPCX price these few weeks.

Trade safe, Tiger friends! [Allin]  

SPCX Diagonal
10-26 21:36
US160.0/155.0
SidePrice | FilledRealized P&L
Credit
Close
-0.80
1
--
Closed
SPCX DIAGONAL 261030/261204 PUT 160.0/PUT 155.0
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