Moderately bullish activity in AST SpaceMobile (ASTS), with shares up 70c, or 0.76%, near $92.31. Options volume running well above average with 79k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 3.3 points near 103.02,and above the 52wk median, suggesting an expected daily move of $5.99. Put-call skew flattened, suggesting a modestly bullish tone.
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Read More on ASTS:
- AST SpaceMobile price target raised to $65 from $60 at Barclays
- SpaceX’s IPO Could Be a ‘Netscape Moment’ for the Space Economy
- SpaceX boosts target IPO valuation to above $2T, Bloomberg reports
- SpaceX filed confidentially with SEC for initial public offering, Bloomberg says
- Option traders moderately bearish in AST SpaceMobile with shares down 6.04%
