SpaceX stock has dropped since its IPO, driving down realized volatility. But investors can benefit from upside tail risk with this trade.

SpaceX stock has dropped since its IPO, driving down realized volatility. But investors can benefit from upside tail risk with this trade.

Elon Musk speaks at Starbase before SpaceX's IPO in in Starbase, Texas, U.S., June 12, 2026. CNBCSpaceX shares are on the mend after a 35% pullback from its post-IPO high and…