The move gives experienced traders new ways to bet on SpaceX, while amplifying the risks tied to daily reset leverage.

Tradr ETFs has launched options trading on two of its leveraged SpaceX-focused exchange-traded funds (ETFs) from 16 June (Tuesday). The products are the Tradr 2X Long SpaceX Daily ETF (SPCM) and the Tradr 2X Short SpaceX Daily ETF (SPCG), both listed on Cboe. The long fund aims to deliver 200% of the daily performance of SpaceX The move expands the range of tools available to market participants, allowing them to express both bullish and bearish views on SpaceX through more advanced derivati