Hey everyone! Barrie Einarson here from Trade Ideas with today’s edition of What Makes This Trade Great — and today I want to show you a way to trade SpaceX that a lot of you might not even know exists. To Subscribe to Trade Ideas: https://go.trade-ideas.com/SHQ
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You all know the story on $SPCX. SpaceX has been in disarray for a while now — just getting hammered off those post-IPO highs. Honestly, I thought it might even tag $100 today. It didn’t quite get there — it bottomed out around $107 — but here’s the thing…

Enter $SPCH — Double the Move

If you were sitting there thinking, “finally, SpaceX is due for a bounce,” then $SPCH was a great way to play it. And what a bounce it had.

So what does “double the move” actually mean? It’s simple: if $SPCX goes up 1%, $SPCH goes up about 2%. But if $SPCX goes down 1%, $SPCH goes down about 2%.

And remember — SpaceX is a $115 stock. $SPCH is trading a little over $6. So you’re getting leveraged exposure to one of the biggest names in the market at a fraction of the share price. Today it ran from $5.81 all the way up to $6.93 before pulling back a bit. That’s a serious move.

The Bottom Line

When a beaten-down name like SpaceX finally catches a bid, a 2X product like $SPCH is how you get paid for calling the turn. It’s about precision — spotting the moment the selling exhausts itself and the bounce begins. That’s where the edge lives.

But remember: the leverage works against you just as fast on the downside. If $SPCX drops 1%, $SPCH drops 2%. These products are built for short-term trading — know what you own, and manage your risk.

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Barrie Einarson | Trade Ideas | What Makes This Trade Great
Not financial advice. For educational purposes only. Trade responsibly.