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Moderately bullish activity in AST SpaceMobile with shares up 1.26%

Moderately bullish activity in AST SpaceMobile (ASTS), with shares up 70c, or 1.26%, near $56.22. Options volume relatively light with 32k contracts traded and calls leading puts for a put/call ratio of 0.68, compared to a typical level near 0.89. Implied volatility (IV30) is higher by 1.4 points near 92.36,and below the 52wk median, suggesting an expected daily move of $3.27. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Sector Perform at Scotiabank.

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