SpaceX stock is staging a major rebound, surging over 40% from its August low and now hovering near $148—just shy of its IPO high. Breaking above $150 could unlock a path to $170-$180, a key resistance zone. Traders are betting on a bull call spread to play this breakout with lower risk and capped gains, targeting a $170 ceiling while giving the stock time through October expiration. If it stays below $150, the trade loses; if it climbs past $157, profits kick in—with a max gain of $1,300 if it hits $170. The $150 level is the immediate battleground.
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