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Moderately bullish activity in AST SpaceMobile with shares up 1.04%

Moderately bullish activity in AST SpaceMobile (ASTS), with shares up 48c, or 1.04%, near $47.12. Options volume roughly in line with average with 22k contracts traded and calls leading puts for a put/call ratio of 0.41, compared to a typical level near 0.57. Implied volatility (IV30) is higher by 4.5 points near 98.51,and below the 52wk median, suggesting an expected daily move of $2.92. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 15.07% or $7.10.

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