Ever since SpaceX (SPCX) hit public markets, Rocket Lab (RKLB) shares plunged as investors rethink how they view the evolving space trade. Rick Ducat examines the stark bearish action and recent rebound to show how the stock compares to peers like SpaceX and AST Spacemobile (ASTS) ahead of earnings. He then tuns to an example options trade for Rocket Lab.