Moderately bullish activity in AST SpaceMobile (ASTS), with shares up $3.20, or 3.37%, near $98.10. Options volume roughly in line with average with 27k contracts traded and calls leading puts for a put/call ratio of 0.54, compared to a typical level near 0.61. Implied volatility (IV30) is higher by 5.2 points near 107.79,and above the 52wk median, suggesting an expected daily move of $6.66. Put-call skew steepened, indicating increased demand for downside protection.
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Read More on ASTS:
- Moderately bullish activity in AST SpaceMobile with shares up 0.76%
- AST SpaceMobile price target raised to $65 from $60 at Barclays
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