Options on SpaceX shares start trading
Tue 14:30
Options on SpaceX shares start trading June 16 (Reuters) - Options on SpaceX SPCX.O started trading on Tuesday, offering investors another avenue to bet on the future of the newly listed shares of Elon Musk's rocket company.
Options allow investors to buy or sell an asset at a predetermined price within a set time period, and are used to hedge against risk or to speculate on price movements.
(Reporting by Saqib Iqbal Ahmed)
((saqib.ahmed@thomsonreuters.com; @SaqibReports; +1 332 219 1971; Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net))
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