SPCX $100 put options surge to 50,158 contracts, reaching a put/call ratio of 10.78—the highest on record.

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The options market for SpaceX (SPCX) shows increased bearish positioning, with $100 put options rising to 50,158 open contracts. The put/call ratio at this strike price reached 10.78, the highest on record. SPCX closed at $108.27, down more than 13% from the previous session. Altcoins to watch may include SPCX, as options activity indicates strong downside expectations ahead of the August 2026 expiry.

Odaily Planet Daily reports, according to OptionCharts options data, the open interest for the $100 strike put options expiring on August 7, 2026 (this Friday) for SpaceX (SPCX) has risen to 50,158 contracts, reaching one of the highest levels in current options positioning.

As of now, the open interest for the SPCX $100 strike Call options is 4,655 contracts, with a Put/Call ratio of 10.78, indicating that market capital is concentrated in downside protection or bearish positions at this level.

Previously, at the close of U.S. markets yesterday, SPCX closed at $108.27, down more than 13%.

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