How SpaceX's Nasdaq-100 addition could affect options pricing

SpaceX's addition to the Nasdaq100 is drawing attention from options traders as the stock sees heavy call activity and elevated implied volatility. The company now carries about a 1% weighting in the index, which also affects funds such as the Invesco QQQ. CNBC's Options Action reported that SpaceX options trading remained active Monday, with calls outnumbering puts by a wide margin. The stock's implied volatility was around 92, far above QQQ's level, reflecting continued uncertainty around the new listing. Analysts said the index inclusion could make the Nasdaq100 slightly more volatile in the short term, but the rules that limit the impact of lowfloat stocks may keep the effect modest. They also noted that index investors may use options to hedge exposure, while others may sell calls for income, helping keep trading volumes elevated.