Traders Are Piling Into Bearish SpaceX ETF After Epic IPO, Says GraniteShares CEO Will Rhind

Investing and stock market insight from Will Rhind, CEO of GraniteShares and former head of the trust behind GLD. More traders are using the 2x short SpaceX ETF (SNK) than the long (SPAL), partly because insiders with locked shares have no other way to hedge. Bitcoin's collapse cemented gold's appeal as a less volatile store of value. And the rate narrative flipped: January expected cuts, now a hike is on the table. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Will Rhind, CEO of GraniteShares, joins 01:01 Two big trends: AI and income strategies 02:05 Options-based income ETFs: harvesting volatility 04:05 GraniteShares ETFs have listed options on them 04:44 More interest in short SpaceX (SNK) than long (SPAL) 06:03 Locked insiders using the short ETF as a hedge 06:58 Gold and platinum: where are customers now 07:47 Gold buyers are strategic, not momentum traders 08:21 Pullback from $5,000 bringing in new buyers 08:45 Central banks shifting reserves away from the dollar 10:41 Gold is the antidote to the US dollar 10:57 Bitcoin collapse cemented gold's appeal 12:20 Inflation higher, rate hike possible, narrative flipped 14:15 Gold pulling back but long-term story unchanged 15:40 Kevin Warsh says inflation pressure is easing #tastylive #graniteshares #spacex #goldtrading #etfinvesting #optionsincome #premiumselling #bitcoin #tradingtrends #tastytrade tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.