SPCX Put Assignment Risk and Bearish Outlook

A trader faces early assignment on deep in-the-money SPCX puts, calling it one of their worst trades. They expect the stock to drop further to $75-80 next month and below $40 by year-end, with long calls losing value once unlocks begin.

Why it matters: The trader warns against trading on the IBKR app while drunk, attributing the mistake to mixing alcohol with trading.