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H Trader
The full theory in one sentence:
$SPCX lock-up → investors hedge by shorting $RKLB → unlock nears → proxy shorts are covered → $RKLB rallies.
If a large number of locked holders follow this strategy, and the market expects significant selling pressure once $SPCX unlocks, the entire space sector can trade under pressure. Much of that weakness comes from proxy shorts in correlated names like $RKLB.
As the unlock date arrives, holders can sell their $SPCX shares directly and close their $RKLB shorts.
That short covering can become a tailwind for $RKLB.
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Aviso legal: o conteúdo do OKX Orbit é fornecido apenas para fins informativos. Saber mais
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