Space stocks have been among the hottest groups in the market, with many names experiencing historic runs of 500% or more off their lows from last year.
But after the recent rally phase, many of these spaceships have been refueling.
Over the past few months, the best names in this industry have wound themselves into high and tight coils.
And they are starting to go. In fact, we are just sending an email alert to members about the ripper in ASTS today. We are selling the double on this breakout.
And we’re redeploying that capital into more space stocks.
Here is one of the leaders, Rocket Lab USA $RKLB:
After a historic take off, RKLB has been in a tight coil, and now our volatility squeeze indicator is crossing up and signaling expansion.
We are making the bet it comes in the form of an upside resolution.
We are buying the RKLB 3/21 $40 calls for approximately $1.25-$1.30.
Intuitive Machines $LUNR also came off a massive rally into a nice continuation pattern that it has been coiling in for the past several weeks.
With an earnings catalyst on the horizon for both of these names, we’re making the bet they continue higher over the next month.
We are buying the LUNR 3/21 $30 calls for approximately $1.90-$2.00.
