Moderately bullish activity in AST SpaceMobile (ASTS), with shares up $1.16, or 2.28%, near $51.85. Options volume running well above average with 111k contracts traded and calls leading puts for a put/call ratio of 0.79, compared to a typical level near 0.93. Implied volatility (IV30) is higher by 1.2 points near 103.62,and above the 52wk median, suggesting an expected daily move of $3.38. Put-call skew steepened, indicating increased demand for downside protection.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the 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:
- Option traders moderately bearish in AST SpaceMobile with shares down 7.5%
- AST SpaceMobile: Navigating Early Growth with Strong Future Potential Amidst High Costs and Pending Developments
- Mixed options sentiment in AST SpaceMobile with shares down 2.28%
- AST SpaceMobile price target raised to $87 from $59 at Clear Street
- AST SpaceMobile Earnings Call: Strategic Growth Amid Challenges