Bullish flow in AST SpaceMobile (ASTS), with shares up $4.95, or 6.72%, near $78.65. Options volume relatively light with 64k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.55. Implied volatility (IV30) is higher by 5.5 points near 116.22,in the top quartile of the past year, suggesting an expected daily move of $5.76. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: AST SpaceMobile (ASTS) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASTS:
- AST SpaceMobile’s Stock Faces Turbulence Amid Bold Moves
- AST SpaceMobile Completes $1 Billion Convertible Notes Offering
- AST SpaceMobile price target raised to $95 from $60 at B. Riley
- Why Is AST SpaceMobile (ASTS) Stock Price Swinging?
- Option traders moderately bearish in AST SpaceMobile with shares down 14.36%
