Aerospace Stock Eyes Takeoff After Recent Turbulence

Short interest still accounts for 12% of the security’s available float, even though it has been slowly declining from all-time highs in May. With many shorts underwater, they could view this pullback as a covering opportunity and create additional tailwinds for RKLB.

It’s also worth noting that implied volatility (IV) ranks lower than 86% of readings from the past year. Our recommended call option has a leverage ratio of 4.1, and will double on a 26% rise in the underlying security.